HaRe Group

Performance and Reward Solutions

Melbourne Australia

Incentive pay can be additional pay (above and beyond the base salary or wage) awarded to an employee, such as stock options or a contingent bonus plan, or a non-monetary reward, to promote the productivity of an employee.

Executive pay reality

By Simon Hare on Thursday, January 30th, 2020 in Incentive Pay, Newsletters, All Categories. No Comments

Executive pay is an object of our market economy – however, there have been some prominent suggestions that more regulatory intervention and a greater degree of prescription will be required to “shift” variable remuneration practices.

Rather than losing control of executive pay, Boards should establish meaningful performance targets, as well as vesting conditions that would better reflect the longer-term impact that most executives should have on business performance.

Fixing Executive Remuneration

By Simon Hare on Thursday, May 16th, 2019 in Incentive Pay, Newsletters, All Categories. No Comments

Attempts to move away from the conventional model of executive remuneration have not been wholly welcomed. Bank boards have struggled to gain acceptance that new approaches are needed. Work on executive remuneration is needed to better align potential rewards with a holistic view of performance.