Executive compensation schemes do not encourage senior managers to perform
better, because directors do not understand how the criteria relate to their
PricewaterhouseCoopers executive compensation partner Tom Gosling told the
Financial Times that even the most commonly-used schemes were
unsuccessful in aligning pay with performance over a sustained period.
While cash bonuses make up 23% of remuneration, a figure that is rising,
shares and options account for 36% of executive earnings.
In the past year, only four FTSE 100 CEOs did not receive a cash bonus amidst
all others whose annual compensation, including bonuses, ranged from ?1.75m to
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars