Tag: Executive pay
Labour planning corporate ‘levy’ for the highly paid
Labour party manifesto will include a new levy to be charged to companies for each employee earning above key thresholds.
IoD calls for shareholders to have second vote on pay
Institute of Directors argues for a 30% threshold to provide shareholders with a second vote against pay reports.
CBI calls on election winner to address pay and employee engagement
Confederation of British Industry releases an election manifesto for business, with calls for greater shareholder powers over pay and reporting on employee engagement.
AstraZeneca shareholders signal concerns over pay
Almost 40% of AstraZeneca shareholders deliver a blow to the pharmaceuticals company, by voting against its annual remuneration report.
Adviser concern builds for executive pay at Persimmon
Shareholder advisers issue guidance on pay settlement at UK’s second-largest housebuilder, Persimmon.
CEO pay is falling, says PwC study of annual reports
PwC study finds that more than 40% of FTSE 100 companies that have so far published annual reports have not given CEOs a pay rise.
CEO of Next sees pay package fall
Remuneration for the chief executive of one of the UK’s most prominent high-street stores sees pay package fall year on year after “challenging trading conditions”.
Hermes to take action on boardroom pay and diversity
Investment manager warns boards it will vote down the reappointment of nomination committee chairmen if they fail on boardroom diversity, while it will oppose pay policies that fail to meet its standards.
BP cuts chief executive’s pay package by 40%
Oil company’s remuneration committee chairman decides on “discretion” for chief executive’s pay after consulting with shareholders.
Transparency should be at the heart of executive pay reform
Executive pay levels have caused rows and debate across Europe. The answer for many is increased transparency.