The Advisors' Blog

– Broc Romanek

Here’s a piece from Willis Towers Watson about pay disclosures in the UK. Here’s an excerpt:

Interestingly, only 35 of the first 50 companies to report (70%) have put their remuneration policies to a vote, reflecting the significant minority that have conducted binding remuneration policy votes (which must be held at least every three years) since 2014. Looking at the new proposed policies, we see three clear themes:

– More reductions in pay levels than ever before
– A strong move toward increased long-term alignment in the form of more deferrals, holding periods and increased shareholding guidelines
– Many moves to align pension contributions with those of the wider workforce.