Reward Agency’s annual report of publicly listed companies executive and board remuneration was published at the end of May 2019. 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 2019 we analysed for the fifth time the Finnish remuneration reports published by Finnish listed companies. The research data consists of 155 companies in the stock exchange’s main list and the First-North list of companies. The reporting quality of remuneration has slightly improved from last year, but the quality varies a lot between companies. Of the companies in the main list around twenty had poor or very poor reporting. Some of these companies do not have uptodate remuneration report at all or the reporting falls far short of the recommendations. In this report only two companies reports were classified as excellent with regards to their content and quality.
The report published at the end of May 2019 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 18 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
The price of the company specific report is agreed separately. Results from company specific comparison are reported personally to the client.