What is the remuneration report all about? How are executives and non-executive directors remunerated? James Bourchier from Godfrey Remuneration Group (GRG), a group that advises corporations and listed companies on executive and NED remuneration, provides an insight into the basics of remuneration. Get a primer on remuneration before you begin the next module which will be entirely on the remuneration report.
A long-term incentive and a short-term incentive, variable remuneration, director fees versus director purchase plans – get the lowdown on all of these terms and more. This video helps a monitor understand the terms and patterns they are likely to view in the remuneration reports they assess for their monitoring. Remuneration reports are a crucial document that can help shareholders and company monitors understand if executives or directors are being paid even if they are not effectively running a company.