Reward Agency’s annual report of publicly listed companies executive and board remuneration was published at the end of May 2016. The research report contains information from listed companies’ CEO salary levels and notice periods as well as the companies short and long term incentive programs, additional pension arrangements and board remuneration. Company specific comparison can be ordered separately.
In the spring of 2016 we analysed the Finnish remuneration reports published by Finnish listed companies. The research data consists of 135 companies in the stock exchange’s main list and the First-North list of companies. The reporting quality of remuneration has not improved from the last year and the quality varies a lot between companies. Of the companies in the main list around ten had poor reporting. Some of these companies do not have uptodate remuneration report at all or the reporting falls far short of the recommendations. Eleven Finnish listed companies had excellent content and quality in their remuneration report.
The report published at the end of May 2016 is based on public remuneration report and contains fresh and extensive information from CEO, executive and board remuneration, their structures and developments in Finland. The contents of the report are as follows:
- Current issues from executive remuneration regulation and reporting
- The survey implementation and listed companies’ governance code
- CEO remuneration, notice period and severance pay
- Short and Long Term Incentive Plans
- Pension arrangements
- Board fees
The survey report is 19 page high quality and unique package to support decision making. The survey report will be delivered to the client through the publication system.
Company specific comparison can be ordered separately
Company specific comparison can only be ordered by the board or top management of the requesting company. In the company specific comparison we evaluate the company’s executive remuneration practices, structures and levels against a specifically agreed market or a peer group. The comparison can be carried out agains chosen listed companies, when the peer group would consist for example from 7-10 companies. Company practices can be compared also against the company’s own industry or size. Company specific comparison can be carried out in Finnish or in English.
In the company specific comparison we can analyse the company’s remuneration practices or a desired peer group with regards to the following elements:
- Company whole salary
- Company CEO notice period and severance pay
- Company’s top management short and long term incentives
- Company’s pension arrangements
- Company board’s annual and meeting fees
Results from company specific comparison are reported personally to the client.