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
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016