The aspect of executive remuneration that has received the most commentary in relation to the global financial crisis has been short term incentives (STIs). This article seeks to comment on STI practice in Australia and provide guidance on those aspects where improvement may be needed …
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GRG is a consulting firm that exclusively advises employers on employee pay and incentives for non-executive directors, top executive directors and other employees. GRG does not provide personal financial product advice and does not advise individuals or consumers of investment advice or the management of financial products such as shares or interests in superannuation funds or managed investment schemes.