The Executive Compensation Services practice Managing Director, Jeremy Orbell, discussed key topics that Remuneration Committees will be facing in the Q1 discussions:
- How to consider the impact of the Covid pandemic on your annual bonus and LTIP outcomes for 2020
- Choosing metrics and setting targets for 2021 (bonus) and 2021-23 (LTIP) performance periods
- ESG metrics
- Base salary reviews for 2021
- Areas of particular focus for the voting agencies
- Remuneration Reports for 2020
Additionally, touching on the latest market practice information from companies who had financial year ends during Q3 2020.
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