Get valuable insights into KMP remuneration

GRG can help you navigate the complexities of KMP remuneration. Our complimentary Remuneration Insights share the thoughts of some of Australia’s leading KMP remuneration consultants using our extensive Australian KMP remuneration database.

Linking ESG to Remuneration

164

14 May 2024

How should the criteria for ESG – one of the hottest topics for ASX listed companies – be linked to executive remuneration? We observe emerging market practices in Australia and provide an ESG or risk scorecard example.

ESG Remuneration Considerations

163

14 May 2024

Many boards are struggling to introduce Environmental, Social and Governance (ESG) metrics into incentive remuneration plans. We discuss key ESG considerations to answer questions such as which ESG metrics should be focused on, how they are measured, and what weighting should be applied to each metric.

How Executive Remuneration Surveys Support Pay Alignment

161

18 April 2024

We explore how executive remuneration surveys facilitate pay alignment by providing data-driven benchmarks for executive compensation, enhancing transparency, ensuring regulatory compliance and addressing inherent data challenges to create competitive, tailored compensation strategies in the corporate landscape.

Long Term Incentive Fundamentals

160

16 April 2024

LTIs have a poor reputation as overly complex, legalistic, opaque and challenging, with unintuitive performance metrics. But LTI/LTVR can, and should be, the most powerful, effective element of remuneration. So what are the fundamentals of LTI plans and their critical success and failure factors?

Unlisted Long Term Incentives: Equity Optional

159

16 April 2024

Substantial regulatory changes and innovative solutions have recently made compelling LTVR/LTI structures possible for unlisted companies. We analyse the four main approaches we observe in successful unlisted market examples (and the main alternative).

WGEA Vs GREAT: Actionable Gender Pay Insights

158

22 March 2024

In February, damning WGEA findings laid bare the problematic and oversimplified collection, analysis and reporting of gender pay gap data. This can be remedied for genuine insights and effective action plans to impel true gender equality in remuneration. GRG offers practical support for this long overdue outcome.

The Rise of Service Vesting Equity

157

19 February 2024

SVEs represent an attractive simple element of remuneration for executives that can be introduced for no additional cost.  They can also help address deficiencies with STVR and LTVR that are problems for some companies.

Executive Compensation Surveys: Setting the Stage for Strategic Remuneration Decisions

156

12 February 2024

This article explores how executive compensation surveys inform strategic business decisions, focusing on aligning remuneration strategies with market trends to attract and retain talent. It highlights the significance of these surveys in developing competitive, transparent compensation packages, underscored by GRG's expertise in offering comprehensive market insights and tailored advisory services.

Declining Remuneration Report Disclosures

155

23 January 2024

KMP remuneration disclosures in remuneration reports are required under the Corporations Act. However in recent years the number of executive roles reported has declined, in an apparent move away from transparent communication to minimalist compliance – perhaps to reduce exposure to criticism. We canvass the change in disclosure, its impact for boards seeking to benchmark remuneration, and explore the path to improved databases.

Master Exec Pay with Remuneration Surveys

154

8 January 2024

Designing a market-related, competitive senior management remuneration strategy requires a combination of know-how and access to the best tools. A reputable and comprehensive source of executive pay quantum and metrics for the Australian market will support this strategy by assisting you to attract (and retain) the right talent for your executive and general management population.

Single Incentive Plans Dud Executives

153

24 November 2023

SIPs may at first glance seem to offer less complexity and more certainty than commonly accepted STI and LTI plans, but they are actually more complex and lead to lower payments for executives who achieve target performance.