Gouvernance

rémunération

Il faut tout changer pour le High Pay Center

Ivan Tchotourian 15 août 2016

Le High Pay Centre du Royaume-Uni a récemment publié sa réponse à la consultation de l’Investment Association « Executive Remuneration Working Group ». Au travers de cette réponse, le High Pay Center demande une remise en question fondamentale des principes d’attribution de la rémunération des hauts-dirigeants.

Voici une synthèse des propositions faites :

  • Fix the flaws in the 2013 UK pay regulations
  • Return to the principle that reward follows performance
  • Realign the governance of remuneration with the legal financial governance framework.
  • Stop accepting discounting as an appropriate basis for pay negotiations
  • Remove all formal obstacles to the use of retrospective discretion by remuneration committees
  • Require the involvement of representatives of the genuine long term economic interest in a company in the process for determining executive pay

 

The Executive Remuneration Working Group was set up by the Investment Association in late 2015 and is currently consulting on its interim report looking at the problems with executive pay in the UK.

The High Pay centre’s response to the Working Group’s interim report is available here in its entirety and represents a fundamental rethink of some of the principles which underpin the current system.

Our submission takes as its starting point the statement by Nigel Wilson, Chairman of the working group that « the current approach to executive pay in UK listed companies is not fit for purpose ».

 

À la prochaine…

Ivan Tchotourian

Nouvelles diverses rémunération

Fat Cat Tuesday 2016

Ivan Tchotourian 6 janvier 2016

Selon le High Pay Centre, le mardi 5 janvier en fin de journée, les grands patrons britanniques ont gagné un salaire équivalent au revenu moyen annuel de leurs concitoyens. Il ne leur a fallu que vingt-deux heures de travail pour gagner 27 645 livres (37 732 euros), soit le salaire moyen des Britanniques sur une année .

It’s Fat Cat Tuesday (5.1.2016). Top bosses’ pay will surpass the average full-time UK worker’s annual salary after just two days. By the end of the first Tuesday in 2016, Britain’s top bosses will have made more money in 2016 than the average UK worker earns in an entire year, according to our calculations.

Pour en savoir plus, cliquez ici.

À la prochaine…

Ivan Tchotourian

rémunération

Rapport du High Pay Centre d’août 2015

Ivan Tchotourian 19 août 2015

The High Pay Centre de Grande-Bretagne a publié le 6 août 2015 un rapport sur la rémunération des dirigeants intitulé : « New High Pay Centre report: Executive pay continues to climb at expense of ordinary workers » (ici). Il faut croire que si les réformes se suivent et se ressemblent, leur impact ne se font pas vraiment ressentir !

Voici la synthèse de cette étude :

FTSE 100 CEO pay jumped to £4.964 million in 2014 according to a new report published today by the High Pay Centre think-tank.

The figures represent a slight increase on CEO pay of £4.923 million in 2013, but a more drastic rise from the £4.129 million average in 2010.

The High Pay Centre analysed data disclosed in companies’ annual reports as a result of requirements introduced by the coalition government in 2013.  The research also found that:

  • The top 10 highest-paid CEOs alone were paid over £156 million between them
  • Despite average CEO pay of nearly £5 million, only a quarter of FTSE 100 companies are living wage accredited
  • Average FTSE 100 CEO pay in 2014 was 183 times the earnings of the average full-time UK worker, up from 182 times in 2013 and 160 times in 2010
  • Shareholders have the power to voice their opposition to executive pay policy at company AGMs, but the average vote against pay awards across the FTSE 100 was just 6.4%

À la prochaine…

Ivan Tchotourian