The recent changes announced by the Department for Business, Innovation and Skills (BIS) are the biggest reform to the UK executive pay landscape in over a decade. But we're not alone in facing change to the way we pay senior executives - executive remuneration is hitting the headlines on both sides of the Atlantic. In 2010 the Dodd-Frank Act brought about changes to US executive pay and there are several comparisons that can be drawn between pay regimes in the UK and the US. Some of the changes in the BIS announcement have already been implemented in the US, for example the shareholder vote on say on pay and applying clawback across all sectors.
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Scott talks about how the changes have impacted US companies, how the say on pay vote has worked amongst shareholders, trends that have come about as a result of the changes, and what he expects to see happening in the future.