Mastering Executive Pay
Course Information

Date: 12-13 February 2020.
Location: London.
Duration: Two-days, 9.30am to 4.30pm.
Format: Classroom course, maximum of 15 attendees.
Price: £1,095 + VAT per delegate.

This two-day seminar offers an introduction for reward and HR managers who are having to deal with pay structures and processes for the senior executive team for the first time, or who are simply interested in building their knowledge of this key area of reward management. The programme is also relevant for company directors and corporate governance professionals who want to develop their understanding of typical executive pay design and reporting requirements.

Yellow hat

E-reward.co.uk has teamed up with Andrew Menhennet, a Director at reward and training consultancy Yellow Hat, to develop a focussed one-day seminar that will offer you the perfect introduction to executive remuneration in the UK.

Delegates will learn about the principles behind sound executive pay design, governance and reporting in the UK, as well as typical market practice and the legislative context within which listed companies must operate.

The programme will run as an interactive workshop and include practical exercises and illustrations of executive pay in practice drawn from the E-reward executive pay database.

Who should register

The seminar is relevant for reward and HR managers who are new to or interested in the design and governance of executive remuneration in the UK. It will also benefit company directors and other corporate governance professionals who wish to gain a deeper understanding of typical executive pay design and structures.

WHAT YOU WILL LEARN

The principles of executive pay

  • The role and status of executive directors
  • An overview of the UK Corporate Governance Code as it relates to remuneration
  • The Code’s principles for the level and structure of executive pay
  • The process of determining executive pay

The Remuneration Committee

  • The role and composition of the remuneration committee
  • Using external advisors
  • Exercising judgement and discretion
  • Managing the remuneration committee

The structure of executive pay

  • Typical elements of the executive pay mix
  • Executive pay structures in practice – examples of how different types of firm approach executive pay

Short-term incentive plan design

  • The UK Corporate Governance Code’s guidance on performance-related pay
  • Typical design features
  • Performance measures
  • Deferral
  • Malus and clawback

Long-term incentive plan design

  • Typical design features
  • Performance measures
  • Share-based pay – design and governance considerations
  • Stakeholder perspectives

Benefits

  • Typical benefit plan design for executives
  • Pensions – the changing legal context

Recruitment, severance and retention

  • Buyouts and sign-on payments
  • Contract length and severance payments
  • Retention awards

Reporting

  • An introduction to the Directors Remuneration Reporting Regulations
  • The executive remuneration policy – overview and status
  • Key elements of the implementation report
  • Key elements of the policy report
  • Shareholder voting requirements
  • Voting agencies and the role that they play

YOUR TUTOR FOR THIS EXECUTIVE PAY COURSE

Andrew Menhennet
Andrew Menhennet
Director

Andrew is a Director at Yellow Hat Limited. He is a reward consultant with in-depth experience of UK and international reward practice, both as a consultant and a practitioner. Before joining Yellow Hat, Andrew held senior reward roles at HSBC, KPMG and Barclaycard, worked as an employee benefits consultant at KPMG, and ran his own independent reward consultancy.

As well as his work for Yellow Hat, Andrew is Reward Director for the British Business Bank, where he is responsible for all aspects of employee reward, including executive pay and the provision of support to the remuneration committee. He is an experienced conference speaker and course tutor on a range of reward topics.

Recent clients with Yellow Hat include Societe Generale, TSB, Kleinwort Benson, McGraw Hill Financial, Volvo Construction Equipment, SJ Berwin Wood King & Malleson and Which Limited.

VENUE AND ADMIN. DETAILS

TBC


London airports

London is served by five main airports, from the UK's main gateway at London Heathrow to London City Airport in the Docklands. For information on getting to and from London airports to Holborn in central London, visit Transport for London at www.tfl.gov.uk

Special requirements

Please let us know if you have any special requirements as soon as possible so we can plan accordingly.

Hotel accommodation

Delegates are responsible for their own accommodation.

The course schedule – Day 1 and Day 2

Timings
Registration 9.00am
Course Begins 9.30am
Morning Break 11.30am to 11.45am
Lunch 1.00pm to 1.45pm
Afternoon Break 3.00pm to 3.15pm
Close 5.00pm

Do you need a visa?

A questionnaire on the UK Border Agency web site will help you to decide whether you need to obtain a visa before you travel to the UK. It also contains guidance on the type of visa that you might need. The questionnaire is for all foreign nationals who want to come to or transit the UK. ('Transit' means to pass through the UK on your way to another country without staying here.)

Please visit: www.ukba.homeoffice.gov.uk/visas-immigration/do-you-need-a-visa/

Dress code

Casual.

Documentation

You will receive your course materials on arrival for the class.

Refreshments

At registration we will serve you complimentary teas and coffees. Mid-morning break of teas and coffees are served at around 11.30am. Lunch will be served at approx 1.00pm.

WHAT YOU WILL LEARN

The principles of executive pay

  • The role and status of executive directors
  • An overview of the UK Corporate Governance Code as it relates to remuneration
  • The Code’s principles for the level and structure of executive pay
  • The process of determining executive pay

The Remuneration Committee

  • The role and composition of the remuneration committee
  • Using external advisors
  • Exercising judgement and discretion
  • Managing the remuneration committee

The structure of executive pay

  • Typical elements of the executive pay mix
  • Executive pay structures in practice – examples of how different types of firm approach executive pay

Short-term incentive plan design

  • The UK Corporate Governance Code’s guidance on performance-related pay
  • Typical design features
  • Performance measures
  • Deferral
  • Malus and clawback

Long-term incentive plan design

  • Typical design features
  • Performance measures
  • Share-based pay – design and governance considerations
  • Stakeholder perspectives

Benefits

  • Typical benefit plan design for executives
  • Pensions – the changing legal context

Recruitment, severance and retention

  • Buyouts and sign-on payments
  • Contract length and severance payments
  • Retention awards

Reporting

  • An introduction to the Directors Remuneration Reporting Regulations
  • The executive remuneration policy – overview and status
  • Key elements of the implementation report
  • Key elements of the policy report
  • Shareholder voting requirements
  • Voting agencies and the role that they play

Next class

London 12/02/2020 - 13/02/2020

TERMS AND CONDITIONS FOR E-REWARD.CO.UK COURSES

TBC