EVENTS

There are obviously several complicated and interrelated issues for companies to consider (including UK government guidance) and the market context is moving quickly.  So, following on from our initial COVID-19 webinars in April, Mercer ran a further webinar in early June 2020.

 

We explored market trends and key issues – but also focussed ahead and considered what the future business as usual might look like.  We addressed the key issues pertinent to Remuneration Committees and senior HR practitioners, including:

 

  • Brief 2020 AGM update / market trends

  • COVID-19 market response, including shareholder and proxy guidance

  • Thoughts around potential windfall gains and Remuneration Committee decisions to be made

  • 2021 AGMs and the future business as usual – drawing out distinctions (from an executive reward perspective) across industries that have been impacted differently by COVID-19

 

You can listen to a recording of this session and access the materials, right:

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There are several complicated issues with which Remuneration Committees and HR professionals are dealing, and there is some early evidence of Boards signalling one-off changes to the pay structure having considered the impact on their own companies.

To help companies navigate these uncertain times, Mercer ran two video calls during which we explored the issues and market trends, and provided an opportunity for participants to ask questions/offer comments.  We addressed the key issues pertinent to Remuneration Committees and senior HR executives, including:

  • How to set targets in this period of uncertainty

  • When to award LTIP grants, and whether to apply a ‘haircut’ to award sizes

  • How to signal the framework for applying discretion on incentive outcomes so as to be acceptable to stakeholders

  • How discretion can be applied robustly

  • Whether 2020 pay rises will be acceptable

  • The relationship between employee pay and executive pay  

  • How to manage economic and reputational factors when making remuneration decisions  

 

You can listen to a recording of this session and access the materials, right:

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