HaRe Group

Performance and Reward Solutions

Melbourne Australia

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

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Executive pay reality

By Simon Hare on Thursday, January 30th, 2020 in Incentive Pay, Newsletters, All Categories.

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.