Category: Pay Structures

Executive and Board Pay – Is There an Appropriate Level?

Once more the level of pay of senior executives is under scrutiny and proposals are being considered for influencing and containing the size of such pay packages.[1]  This topic has attracted attention across the years and has been the subject of many studies including some on pay equity and equitable pay differentials. I had the […]

Are Your Senior Managers Sabotaging Your Pay/Reward Structures?

Posted on 26/02/2015 by HR Professional In the past, pay structures were viewed as almost permanent structures which only needed the occasional tinkering to keep them going.   That was a fallacy as pay/reward systems decay over time no matter how carefully they are crafted.  In a recent column in the Daily Telegraph, John Timpson […]

Management Bonuses – what should they reinforce?

Once more the issue of rewards and links to long term success of the company have been raised.  The Financial Reporting Council will be advocating stronger links and also clauses to enable bonuses to be clawed back [1].  However, focusing on the payment formula alone will not produce a sound scheme.  Like an iceberg, the danger […]

Boardroom and Senior Management Pay – equitable approaches

The high level of executive pay in some companies has been occurring for many years. The recent publicity and reports have focused on the widening gap between the top management and employees.  Solutions have been proposed of links to the median pay of employees; reversing the trend of higher performance and lower basic pay.  In […]