S4 E9 'Remuneration Governance' with David Styles, Director of Corporate Governance and Stewardship at the Financial Reporting Council

"PAYING FOR GOOD"

English - July 15, 2021 15:00 - 43 minutes - 29.7 MB
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Previous Episode: #37 - Health & Safety metrics and bonuses with Christian Harris

Next Episode: #39 - What money type are you? with Fanny Snaith, Money Coach

'REMUNERATION GOVERNANCE'
This week on my ‘PAYING FOR GOOD’ podcast, we’re turning our attention to Remuneration Governance. David gives us an update on the codes and recent research linked to remuneration commissioned by the FRC. I also ask him three questions. Bearing in mind the events of the past 18 months:

Has the remit of the remuneration committee changed?Have we got the right people sitting on remuneration committees?Do we need to review the remit of external auditors?

Your action takeaway from David:

When reporting on your Remuneration Governance, focus less on process and more on activities and outcomes:

What activities took place?Were they successful?If not, what would you do differently in future to improve?What did you learn?

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To find out more about how to design and implement a Responsible Reward strategy, the integration of remuneration and sustainability, in your organisation, please email me at [email protected].