Executive Remuneration
Executive remuneration continues to be a key area of focus for investors, the media, politicians and even the general public. It is subject to increasing regulation and guidance from shareholders, government bodies and other external stakeholders.
Our executive remuneration team works with companies from all sectors and their remuneration committees to develop bespoke solutions which support the company’s strategic objectives and underpin its cultural values.
Issues and trends
As national economies struggle to recover from recession and household living standards generally remain squeezed, there is unprecedented scrutiny of the work of remuneration committees, which are dealing with:
- The challenge of setting pay and incentive policies in a continuously moving business and economic environment
- Continuing need for ongoing shareholder dialogue, leading to greater pressure to ensure that executive remuneration packages are defensible
- Regulatory reforms to executive remuneration reporting and increased political intervention
- The increased globalisation of business – companies increasingly compete for both talent and capital globally, and therefore need to be mindful of global trends in respect of both executive and shareholder expectations.
Within this context, companies face the challenge of developing a fair and competitive executive remuneration offering that is successful in attracting, retaining and motivating senior management to deliver the business strategy and create shareholder value.
Our services
Deloitte is a member of the Remuneration Consultants Group and was instrumental in developing its Code of Conduct for executive remuneration consultants of UK-listed companies. We believe the Code provides a formal framework that underpins our commitment to providing high quality independent advice. For a copy of the Code please follow the link on the right hand side.
Our team includes deep expertise in areas ranging from reward strategy consulting, performance metric analysis and calibration, corporate governance, tax and share schemes and consists of HR and remuneration specialists, actuaries, chartered tax advisers, lawyers and accountants.
- Remuneration Committee support on all executive compensation matters
- Bespoke remuneration strategy and incentive plan design
- Total remuneration benchmarking
- Performance measurement
- Market developments and corporate governance updates
- Shareholder consultation and investor relations support
- Assistance with preparation of both external disclosures (such as the Directors’ Remuneration Report) and internal communication of pay arrangements to employees
- Share plan design, drafting and implementation, including tax, accounting, regulatory considerations and communication (click here for more information).
We have a reputation for being at the forefront of executive pay thinking. We pride ourselves on developing bespoke solutions which support our clients’ strategic objectives and underpin their cultural values.
We are supported by an experienced research team that maintains a comprehensive database of publicly disclosed pay practice across all FTSE 350 and SmallCap companies for benchmarking purposes. Every year they prepare a number of highly regarded publications, which are available to our clients free of charge. These include our flagship publications on FTSE 100 and FTSE 250 executive director remuneration. For a full list of our recent publications please follow the link on the right hand side.
In addition, we hold a number of seminars annually, which are key events for Remuneration Committee chairmen and senior HR, tax and finance professionals to learn about remuneration developments and ideas. For a list of our forthcoming seminars, please email executiveremuneration@deloitte.co.uk.
Key contacts
Related Links
Share this page
© 2013 Deloitte LLP. All rights reserved. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity.
Please see About Deloitte for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its Member Firms. View our accessibility statement.
