The concept of employee engagement has been around a long time, and for good reason. Studies have repeatedly shown that companies with engaged employees tend to outperform those with less engaged employees, all else being equal. But, how often is all else equal?
Is executive pay in Australia at a major turning point? While recent headlines could give this impression, executive pay fundamentals haven’t changed. Remuneration still needs to be set to support a company’s culture, strategy and objectives, provide alignment with stakeholders and manage risk.
Remuneration committees should have an annual meeting calendar, laying out the agenda for each regular meeting through the year, which aligns with the company’s fiscal year and HR and compensation cycles.
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