This report provides a final update for the 2022 Annual General Meeting (AGM) season on key pay developments this year. It also sets out an overview of executive and non-executive director market data for companies in the FTSE 100.
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First, the key headlines and trends identified from the 2022 AGM season, including:
Who changed what?We examine trends in policy changes and the driving forces behind these developments.
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 ahead to 2023Our report considers issues, both topical and evergreen, for companies to consider as they plan for tabling revised remuneration policies next season.
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Analysis of market data for executive directors in FTSE 100 companies.
This section examines market data in the following areas:
- Salary
- Benefits
- Annual bonus
- Long-term incentive plans (LTIPs)
- Single figure compensation
- Shareholding guidelines
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03
Lastly, we look at market data for non-executive directors in FTSE 100 companies.
This section details the fee levels paid to non-executive directors in the FTSE 30, FTSE 50 and FTSE 100. The Chairman is typically paid an all-inclusive fee for all responsibilities, based on company size, time commitment and role responsibilities. Non-executive directors are typically paid a base fee for Board membership, with additional fees for other responsibilities such as chairing a Board Committee.
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Title | File Type | File Size |
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Executive remuneration in FTSE 100 companies | 8.4 MB |