New book shows you how to design an appropriate reward strategy to grow your business
Cliff Weight, MM&K
Directors’ Remuneration Handbook is a new book that explains the complexities of directors’ remuneration in simple terms.
Providing a source of reference for key legislation and best practice guidance, it includes coverage of the Directors' Remuneration Report Regulations, first introduced in 2002, and substantially revised in 2012, requiring all quoted companies to publish all details of pay in their annual accounts.
It also covers the following key legislation and regulation:
• Companies Act 2006
• The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations (SI 2008/410)
• The (prospective) Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations (2013)
• FSA Listing Rules
• FSA Remuneration Code
• UK Corporate Governance Code
• Institutional Shareholders Codes of Best Practice (ABI, NAPF, PIRC, QCA, IoD, Hermes, etc.)
Which strategy is appropriate for you?
The author identifies the following seven reward strategies designed to provide motivation for directors based on business goals and circumstances:
• Start up
• Fast growth
• Alignment to specific strategic focus
• Traditional quoted plc
• Long term emphasis
• Private equity
The strategies are clearly explained and explanations supported by clever tables, graphs and diagrams. There has never been a simpler way to begin to align director rewards with business objectives.
Directors’ Remuneration Handbook will prove essential reading for company directors, company secretaries, HR professionals, lawyers, accountants, academics and students studying corporate governance, journalists and anyone else wanting a better understanding of the complex issues involved.
About the author
Cliff Weight has over 25 years’ experience as a remuneration consultant. Currently an executive director of MM&K, the leading independent remuneration consultancy and a member of the Advisory Board of the High Pay Centre, he has also served as a non-executive director of the remuneration committees of two hedge funds and as a member of the Editorial Board of Executive Compensation Briefing. He specialises in advising companies on executive directors’ remuneration, annual and long term incentives and non-executive directors’ fees.
ISBN: 978 1 84766 888 2 Pub date: December 2012 Format: Paperback Price: £85