AGM season is just around the corner – is your KMP remuneration aligned with the Australian market?

The resources sector has been hit hard by the COVID-19 pandemic, as many listed companies in the sector have experienced extreme volatility in their share price and market capitalisation. With AGMs fast approaching, both retail and institutional shareholders, and proxy advisers, are ready to critique company performance and rewards. This may bring into question the reasonableness of executive salaries and board fees.

Has your company executed one or more of the following recently?

Many companies have had no alternative than to be reactive. Short term solutions such as freezing remuneration reviews, staff redundancies and salary cuts could create unforeseen shareholder backlash if Key Management Personnel (KMP) remuneration outcomes are not aligned appropriately.

The GRG KMP Remuneration guides offer a low cost benchmarking resource in these difficult times, allowing you to conduct exploratory research and make confident informed decisions.

Sense check your KMP remuneration easily

The Resources KMP Remuneration Guide is a fantastic source to sense check against Australian market practices. Designed for companies that have received advice, are in the middle of a remuneration review, or are taking the first steps to assess KMP remuneration. The Guide provides data specific to the resources industry in aggregate and the major sub-sectors of Diversified, Gold, Base Metals, Oil & Gas and Other Energy.

  • Access quality data – sense check and assess your market competitiveness against roles.
  • Help align your employee remuneration to the market – a key ingredient to attracting and securing the right talent for success.
  • A cost-effective solution
  • Guides are customised to your market capitalisation

Quantitative and qualitative data and analysis includes:

  • A large range of top executive and non-executive director roles
  • Data specific to the resources industry in aggregate, and the sub-sectors listed above
  • Guides are customised to two market capitalisation ranges – sense check roles that are of comparable size to your own, including your position before COVID-19 and your current position
  • Data sets providing actual reported data, forecast & projected indexed data
  • Statistical data points – P25, P50 and P75
  • A strategic look at the implications of COVID-19 on KMP remuneration

Use quality data to drive your approach to remuneration

Godfrey Remuneration Group (GRG) has extracted and analysed data from the latest available Annual Reports of all ASX listed companies, down to a $25 million market cap, to provide genuine market insight for remuneration decision makers. The guide is the complete reference point as it contains an extensive overview of KMP remuneration market practices in Australia, including major sub-sector analysis.

Chair & Non-Executive Directors

Quantitative data includes:

  • Main Board Packages
  • Aggregate Fee Limits
  • Fee Movements
  • Committee Fees
  • Per Diem Rates

Qualitative insight includes:

  • Share and Option Schemes
  • Superannuation, Retirement and Other Benefits

Top Executives

Roles covered in this Guide are:

  • Managing Director (MD)/ Chief Executive Officer (CEO)
  • Chief Financial Officer (CFO)
  • Exploration Manager
  • Head of Operations
  • Project Manager
  • Business Development Manager
  • Executive Director
  • General Managers / Other
  • Human Resources Manager
  • Company Secretary/ Legal Counsel

Quantitative Remuneration data includes:

  • Fixed Pay
  • Short Term Incentives
  • Long Term Incentives
  • Total Remuneration Packages
  • Market Movements

Purchase your copy

Order a Resources KMP Remuneration Guide – $3,500 + GST

The publication is delivered in an electronic format to the nominated email. A licensed copy of the guide is for a company, and entitles circulation of copies amongst employees and directors of the purchasing company. Other users and external circulation requires the purchase of additional licences.

Please fill in the order form below. A digital copy of the guide will be emailed to your nominated email together with an invoice to be paid within 14 days.