Listed companies’ executive and board remuneration in Finland 2020
Reward Agency’s annual report of publicly listed companies executive and board remuneration was published in June 2020. 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 2020 we analysed once again the Finnish remuneration reports published by Finnish listed companies. The research data consists of 156 companies in the stock exchange’s main list and the First-North list of companies. The quality of remuneration reporting overall has remained the same and still varies a lot between different listed companies. About 60 main stock exchange list companies’ reporting quality was at a good level, but about 20 companies’ reporting was weak or very weak.In this report only two companies reports were classified as excellent with regards to their content and quality.
The report published in June 2020 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:
- Remuneration in crisis
- 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
- Remuneration development since 2015
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 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:
- CEO total remuneration
- CEO notice period and severance pay
- Top management short and long term incentives
- Pension arrangements
- Board 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.