Carol Arrowsmith, a partner with Deloitte, who is advising Sainsbury on how best to pay its bosses, said the double whammy had created a ‘perfect storm’ that has sunk the use of share options by many companies.
They were incorporated in just one in five new plans last year, down from 60% three years ago, The Guardian reported.
It is thought new accounting changes requiring companies to book the cost of share options in their accounts are a key factor in the fall in popularity of share options.
Accountancy Age Jobs is delighted to announce the launch of a brand new look website for finance and accountancy professionals
The UK gender pay gap will not close until 2069 unless action is taken to tackle it now, according to new research by Deloitte
Three former Tesco executives, including the former finance director of Tesco UK, have been charged with fraud by the Serious Fraud Office in relation to a £263m accounting scandal at the retailer.
Deloitte chief executive David Sproul is among 11 chief executives to take part in global executive search firm Odgers Berndtson’s CEO for a Day scheme