Report on remuneration in FTSE 250 companies

Our report is organised into three sections:

1. 01

   The key headlines and trends identified from the 2021 AGM season, including:

   Who changed what?

   We examine trends in policy changes and the driving forces behind these developments.

   What was the impact of Covid-19?

   How were Remuneration Committee decisions and executive remuneration outcomes impacted by the pandemic?

   How did proxy agencies react?

   What were the main areas of contention when it came to proxy agency recommendations?

   What happened at AGMs?

   The change in median AGM voting out-turns and the proportion of companies receiving different levels of support.

   Looking forward

   Our report looks at the remuneration decisions taken by companies with financial year ends from the end of March 2021 onwards to consider forward-looking trends given the continuing uncertainties of Brexit, COVID-19 and other macro-economic issues.

2. 02

   Analysis of market data for executive directors in FTSE 250 companies.

   This section examines market data in the following areas:

   • Salary
   • Benefits
   • Annual bonus
   • Long-term incentive plans (LTIPs)
   • Single figure compensation
   • Shareholding guidelines

3. 03

   Lastly, we look at fees paid to non-executive directors.

   This section details fees paid to Chairmen and non-executive directors in the FTSE 101-150, FTSE 151-350 and overall FTSE 250, as well as fees for committee chairmanship and membership.

Authors

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Karen Depoix

Director, Head of Research and Trends EC&BA GB

email Email phone +44 7432 694148

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Jessica Norton

Senior Director, European Executive Compensation & Board Advisory Practice Leader

email Email phone +44 7875 137561

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