Our reward insights

Getting executive pay right

Your company will spend a lot of money on executive pay packages. So like any other spend, you want to make sure you’re getting value for money.

Just as important is the risk associated with executive pay. Getting it wrong can have a number of consequences. If pay isn’t competitive you might struggle to retain people that are vital to the future success of your company. Or if pay isn’t clearly linked to positive results it could mean negative headlines in the media or unhappy shareholders. And that’s before you’ve had to even think about the increasingly complex regulations you need to comply with.

Keeping the balance right

To help you strike the right balance and to keep you on top of the latest developments, we’ve pulled together some useful information on the core issues you’ll need to consider to get your executive pay right.

3:20

EBA releases its final remuneration Guidelines on sound remuneration policies under CRD IV

Katy Bennett is joined by Tom Gosling and Jon Terry to discuss the implications in the UK of the finalised EBA Guidelines on sound remuneration policies. In this short video, they look at the key issues of the Guidelines and the changes that firms will have to deal with by January 2017
[02-02-2016]


5:35

Executive Remuneration: Long Term Incentive Plan trends in the FTSE 250

PwC’s review of the current trends seen in the FTSE 250, focusing on Long Term Incentive Plans
[30-10-2015]


6:35

Executive Remuneration: Annual bonus trends in the FTSE 250

PwC’s review of the current trends seen in the FTSE 250, focusing on annual bonus
[30-10-2015]


4:35

Executive Remuneration: Base pay trends in the FTSE 250

PwC’s review of the current trends seen in the FTSE 250, focusing on base pay.
[29-10-2015]


5:35

Executive Pay

We are someway through this year’s AGM season and we have recently done some research looking at the executive pay recommendations companies have been making in what is the second year under the new business regulations. Fiona Camenzuli and Tom Gosling talk about some research we have just done on these companies.
[30-04-2015]


2:00

Clawback provisions update

Fiona Camenzuli joined byTom Gosling talk about some new clawback provisions that have been introduced by the recently revised UK governance code. In this video our HR leaders look into what do companies need to do now to prepare.
[25-11-2014]


5:29

Reward in asset management: regulatory update

Now we have the final guidance regarding remuneration in the Alternative Investment Fund Managers Directive (AIFMD) from the Financial Conduct Authority (FCA), Jon Terry and Tim Wright talk about the range of regulations and how they will impact the way asset management firms will pay their staff.
[26-02-2014]


5:21

Banking and pay: regulation and Code Staff

Now that UK regulators have issued the final banking regulations around remuneration, Jon Terry and Tom Gosling look at the potential dramatic expansion of the people who are subject to the prescriptive rules, the ‘Code Staff’ or material risk takers.
[24-02-2014]


5:33

Banking and pay: bonus pool outcomes

Tom Gosling and Jon Terry take a look at what the outcome was for bankers’ bonus pools and pay in 2013 and what the outlook is for 2014. They explore some of the trends and highlight some of the issues that banks may have to face in the coming year.
[26-01-2014]


4:01

Executive pay: Director remuneration reporting

Some companies are finalising their first round of remuneration reporting under the new regulations set out by the Department for Business, Innovation and Skills (BIS). Tom Gosling and Fiona Camenzuli discuss the upcoming BIS reporting timetable, the binding vote and the big issues that companies are facing regarding executive pay reporting.
[26-01-2014]


5:00

Asset management: navigating the regulatory changes in remuneration

In this short video, Jon Terry asks Tim Wright to explain more about the challenges asset managers are facing in terms of how they can pay their people but still remain compliant.
[02-12-2013]


4:20

Report Leadership: best practice reporting in remuneration

Tom Gosling and Roz Crawford talk about the latest executive remuneration report developed by the Report Leadership group which looks at how companies can incorporate the requirements of pay regulations into their reports.
[25-10-2013]


4:56

CRD IV: the impact for remuneration in banking

Jon Terry and Tom Gosling explore the CRD IV regulations and how they will impact remuneration in the banking sector.
[20-10-2013]


0:00

Reaching the limit with bankers bonuses

Jon Terry and Tom Gosling discuss how banks are responding to the bonus capping introduced by Capital Requirements Directive (CRD) IV and crucially who is and who is not impacted.
[21-07-2013]


4:06

New world of regulated pay for Asset Managers

Tom Gosling and Jon Terry discuss the remuneration implications of the asset management directive UCITS V
[18-07-2013]


4:12

Clarity on directors’ remuneration disclosure reporting

The Department for Business, Innovation and Skills (BIS) has released their legislation on executive pay. Clearer details have been given around what companies and remuneration committees will be expected to report on regarding executive directors’ remuneration. Tom Gosling and Fiona Camenzuli explore the impact for UK companies.
[11-07-2013]


3:38

Parliamentary Commission on Banking Standards

The Parliamentary Commission on Banking Standards has published its report on the UK banking sector, “Changing banking for good”. This hard hitting report covers a range of topics, but the Commission’s view on the role of pay is clear: “remuneration lies at the heart of some of banks’ biggest problems.”
[24-06-2013]


4:42

Shareholder reactions to executive pay

In our short video, Tom Gosling, Head of Reward, talks to Sean O’Hare, a Partner in the Reward practice, about the facts behind this year’s AGM season and the reactions of shareholders to remuneration packages.
[20-09-2012]


4:30

The changing shape of executive pay

Tom Gosling, Head of Reward, talks to Sean O'Hare, Partner in our Reward practice, about the changes and the steps that companies need to consider now.
[12-08-2012]


New rules for executive pay

Our experts reflect on the implications for companies and the likely effect on executive pay and the attractiveness of the UK as a place to do business.

Executive pay: the impact of change

Executive pay: views from the US

Executive pay: a new direction

Building trust through clear and candid reporting

This document provides some ideas to enhance executive remuneration disclosure not only to address stakeholder concerns, but also building public trust.


Alternative Remuneration Structures in the FTSE 250 and Small Cap

Levels of dissatisfaction with the current state of Executive pay have increased significantly. Therefore, we examined alternative structures to the market norm which are used in the FTSE 250.


Mid-cap remuneration trends for post IPO companies

What remuneration practices have mid-cap companies adopted after their IPO?


Raising the bar – The state of executive pay in 2015

Executive pay is falling in real terms as 45% of chief executives receive no salary increase, says PwC research.


Up, down or sideways? What’s really happening to executive pay?

PwC demystifies the numbers to give you a clearer picture of what is actually happening to executive pay.


Remuneration reporting - a year on

Legislation came into effect in 2013 requiring listed UK companies to hold a binding vote on forward-looking remuneration policy, with associated changes to the remuneration reporting requirements.


Operational excellence in HR

People have become accustomed to the ease, speed and intuition of the on-line shopping experience. They now want this in other aspects of their daily lives, including their interactions with HR. Organisations also want HR to inform workforce plans with the same rich data and analytics used in customer profiling and other forms of business intelligence.


A new chapter for executive pay

In this paper we explore the results of the 2014 AGM season, analysing the voting outcomes for all FTSE100 AGMS and how the new regulations on the disclosure of executive remuneration have impacted remuneration policy.


Executive Remuneration Report Leadership: Simple, practical proposals for implementing the new disclosure requirements

PwC has collaborated with Radley Yeldar (a communications consultancy) and CIMA for several years, aiming to challenge conventional thinking on corporate reporting. Together, we have just issued this latest guidance on executive remuneration reporting.


Making executive pay work: The psychology of incentives

There is an emerging consensus, at least in Western economies, that there is something deeply flawed about the current model of executive pay. But despite the increasing focus on the pay of executives, surprisingly little attention has been paid to perhaps the most important constituency: executives themselves. So we asked them what they think.


Global equity compensation newsletter

The equity compensation updates are focused on assisting our clients with strategy, design, implementation, administration, maintenance, and ongoing evaluation of domestic and international stock plans to ensure support of business objectives and recruiting and retention needs.


What goes up must come down

In this paper we explore the different trends that have had an impact on executive pay in the past and consider the implications for the future trajectory of executive reward.


Clarity on directors’ remuneration disclosure reporting

The Department for Business, Innovation and Skills (BIS) has released their legislation on executive pay. Clearer details have been given around what companies and remuneration committees will be expected to report on regarding executive directors’ remuneration.


2013: A year of restraint for executive pay

The results of our executive pay survey look at remuneration trends for 2013 in the face of reward regulation and mounting pressure from shareholders, Government and the public.


Making executive pay work: The psychology of incentives

There is an emerging consensus, at least in Western economies, that there is something deeply flawed about the current model of executive pay. But despite the increasing focus on the pay of executives, surprisingly little attention has been paid to perhaps the most important constituency: executives themselves. So we asked them what they think.


On red alert: Shareholder questions put executive pay in the spotlight

An overview of shareholders’ responses to executive remuneration at FTSE 100 AGMs up to 31 May 2012


Motivating and retaining retail executives in difficult times

Executive pay challenges for UK retail listed companies based on current and potential payouts and trends around incentive structures.