Sentences with phrase «remuneration policy»

In instituting binding say - on - pay votes, France follows in the footsteps of the UK and Switzerland, which have already introduced binding votes on remuneration policy and maximum payouts, respectively.

Given the high level of discontent expressed on the say - on pay proposal last year, when 56.6 % of non-state shareholders voted against, securing support for the proposed remuneration policy may be a challenge.

Last year's 33.45 % against vote was the largest rebellion since the proposal was voted down in 2012, and WPP's remuneration committee took the hint — with a binding remuneration policy vote on the 2017 AGM agenda, it has proposed a raft of changes aimed at forestalling the embarrassing public relations that would follow a rejection.

Mr. Kessler's remuneration has consistently exceeded peers, and both his payments and the company's broader remuneration policy received significant voting opposition at last year's AGM — but the board has not made any material changes, or even acknowledged these concerns.

Standard Life operated a company - wide remuneration policy, approved by the Remuneration Committee of Standard Life.

The government will introduce secondary legislation that requires quoted companies toprovide a clearer explanation in remuneration policies of the range of potential outcomes from complex, share - based incentive schemes.

Responding to the FSA's new Code of Practice on remuneration policies, Peter Montagnon, the ABI's Director of Investment Affairs, said:

Influential shareholder advisory firm Institutional Shareholder Services (ISS) had advised shareholders to vote against the remuneration policy, expressing concern about planned increases in fixed pay.

On Tuesday, TIM shareholders will vote on the 2017 financial statements, the company's remuneration policy and to confirm Amos Genish as chief executive.

In considering Leonardo's advisory vote on its remuneration policy, shareholders will have to take into account a $ 9,442,000 severance payment made to former CEO Mauro Moretti.

It remains to be seen if an increased focus on engagement with shareholders in advance of the 2017 AGMs, when both companies will be required to seek shareholder approval of their remuneration policies on a binding basis, will lead to a softening of shareholder anger.

The sections on this page set out the remuneration policy (the «Policy») for Standard Life Aberdeen plc and describe our overarching principles and practice for remuneration.

Cooperation mechanisms are also set forth in Directive 2014 / 91 / EU on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) as regards depositary functions, remuneration policies and sanctions, which was implemented in Italy in 2016.

In order to ensure that shareholders have an effective say on the remuneration policy, they should be granted the right to hold a binding or advisory vote on it.

Solicitors are intelligent and highly motivated and don't like being micro-managed; a management and remuneration policy that is hands - off but carefully monitored with different targets (weekly, monthly, annually) need to be put in place to ensure the correct level of billing.

To ensure that the implementation of the remuneration policy is in line with the policy, shareholders are granted with an advisory vote on the company's remuneration report.

The remuneration policy should contribute to the business strategy, long - term interests and sustainability of the company and should not be linked entirely or mainly to short - term performance objectives.

The vote on the remuneration policy will in principle be binding, which means that companies are only able to pay remuneration on the basis of the policy approved by shareholders.

First they will vote ex ante on the remuneration policy, which lays down the framework within which remuneration can be awarded.