Tag: remuneration committee
What should remuneration committees be focussing on and why?
Remuneration committees have an onerous task of navigating one of the most contentious issues in almost any company – that of setting remuneration for executives and more recently overseeing the remuneration of the workers.
Executive pay disclosure – a governance imperative
The recent suggestion by PSG CEO Piet Mouton that the requirement to disclose executive pay should be made optional raises important questions about an issue that consistently attracts controversy. This follows news reports of Sibanye-Stillwater CEO Neal Froneman receiving R300 million in remuneration for 2021, most of which related to conditional share proceeds.
REPORT | Boards need to seize the opportunity to build stronger,...
2021 marks a year which should be characterised by transformative change and reinvention. 2020 was a uniquely challenging year, which tested companies and their boards, demanding rapid responses to new challenges, and decision-making with a far wider ambit of influence.
COVID-19: should executives pay be cut to support employees?
As the business world feels the effects of the coronavirus (COVID-19) pandemic and takes steps to adapt, companies are asking how they should approach their executives’ remuneration during this difficult time. Why is it so important for Boards and Remuneration Committees to address this issue?
Non-Executive Directors’ Fees Guide – 6th Edition 2019
Non-executive directors (NEDs) are responsible for making critical strategic decisions and for overseeing the management of a company without the benefit of observing the business on a full-time basis. This requires particular skills, knowledge, experience and business judgement, for which they need to be fairly remunerated.
Top companies make significant strides in adopting fair and responsible remuneration
SA’s top companies are starting to embrace the concept of fair and responsible remuneration, and some have even adopted and disclosed a living wage that goes beyond the national minimum wage.
