05 Aug 2008
Executive pay rewards may be reined in under a Tory government, a prominent member of the opposition party has said.
Michael Gove, the shadow schools secretary, said that the incentives system may be changed to bridge the gap between the top brass and the rank-and-file, echoing comments made by David Cameron, the FT reported.
Executive pay rewards have been high on the agenda recently as some companies continue to reward their top brass despite struggling during the economic downturn.
Moves have been made by the government to make companies more accountable for their executive pay structures by linking them to pay conditions in other parts of the company, but corporate governance experts have said that this would be difficult to achieve.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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