As the 2024 UK AGM season unfolds, executive pay remains under close scrutiny. We have observed a number of global companies significantly increasing quantum citing the need to compete for talent globally and to address internal pay compression. Several UK organisations have also adopted ‘hybrid’ US-style long-term incentive arrangements.
Our webcast not only shared the latest UK executive pay trends from the 2024 AGM season, we were also joined by Bola Ogun, Group Leader, Total Rewards, Performance, Diversity & Inclusion at The London Stock Exchange Group who explored the development of London Stock Exchange Group’s new remuneration policy.
In additional Alexandra Beidas, Global Head of Employment & Incentives at Linklaters, updated the audience on the malus and clawback provisions in the context of recent high profile executive departures and changes to the UK Corporate Governance Code.
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