Strategic Human Capital Advice, Remuneration, Governance & Incentive Plans

Bank of England

MM&K are a leading independent consultancy specialising in the planning, design, and implementation of business-driven reward and human capital solutions.

  • MM&K Acquires the City Pay Guide Survey from City Pay Associates

    MM&K is delighted to announce the acquisition of the longstanding City Pay Guide Survey from City Pay Associates, further strengthening MM&K's position as a leading provider of executive remuneration, reward…

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  • Front cover of the MM&K Life in the Boardroom Report

    Just Launched: Life in the Boardroom 2026/27

    MM&K has officially launched the 2026/27 edition of Life in the Boardroom, our long-running survey of Non-Executive Directors (NEDs) and Board Chairs. Since 1990, the survey has gathered insights directly…

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  • Why performance management breaks in private equity, and how to fix it

    The PE industry prides itself on rigour. Investment theses are stress-tested, models challenged, DD, portfolio management and value creation managed with discipline. Yet many firms still develop their own people…

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  • Write off of director’s loan: Upper Tribunal’s decision in The Commissioners for His Majesty’s Revenue & Customs and Gary Quillian

    The Upper Tribunal has recently published its decision in The Commissioners for His Majesty’s Revenue & Customs and Gary Quillian [2026] UKUT 00300 (TCC) regarding what constitutes the ‘write off’…

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  • PE and VC Compensation: What Are the Latest Market Trends?

    The 2026 MM&K PE/VC Compensation Report for the UK and Europe is now nearing publication. The report will only be available to participating firms, making this the final opportunity to…

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  • Front cover of the MM&K Life in the Boardroom Report

    Launch of the 2026/27 Edition of Life in the Boardroom, our unique survey of NEDs and Board Chairs

    Boards are operating in an increasingly complex environment. Regulatory change, economic uncertainty, technological innovation and evolving stakeholder expectations continue to reshape board priorities. To help capture these developments more effectively,…

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    News & Publications

    We publish monthly newsletters on Remuneration and Share Plan related matters. If you would like to receive copies of our news & publications please sign up.

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    Meet The Team

    MM&K’s team is multi-disciplinary, bringing together consulting, advisory, legal, accounting, analytical and modelling skills. View the full team page to find out more.

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    Contact Us

    If you would like to get in touch and find out more about MM&K, their services and the team please click the link below.

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  • “Congratulations on a thorough and insightful survey. It fills in something of a gap in coverage of the numerous publications from the large firms in the remuneration consulting space.”

    – Alan Giles, Chairman, Remuneration Consultants Group

  • “We contacted MM&K to set up an EMI Scheme for our employees. MM&K supported us every step of the way and explained all of the options that were available to us. They are clearly experts at what they do and they navigated us through the whole process from beginning to end. JD has been a huge support in re-writing documents that were needed and in helping us with communications to the rest of our business. We are very grateful to him and his team for the extra work and time they put into getting this project completed for us. ”

    – London-based recruitment consultancy

  • “I was recommended to MM&K by an old colleague as the leading remuneration advisers in London with a detailed understanding of and experience with the design of remuneration structures in the alternative investment management arena.

    I needed help with the introduction and detailed design of a carried interest plan for my team of investment professionals in a mid-market private equity fund management house that my business is heavily invested in. I certainly found them very knowledgeable, impressively responsive and tremendously helpful in guiding me through the various different structures and mechanisms that are typically used in carried interest plan arrangements.”

    – CEO of UK based Family Office

  • “When we needed to review our remuneration arrangements, we spoke with a number of potential advisers but MMK stood out with their detailed understanding of and experience with the design of remuneration policies in private equity fund management businesses.

    As a premium listed company on the London Stock Exchange, we needed comprehensive advice from a firm that understood both the corporate governance requirements for a fully listed company as well as the design of remuneration structures and policies in PE fund management businesses. We needed advice on salary levels, bonus plan metrics and LTIP design.

    We found that MM&K had a detailed knowledge of the PE industry and its remuneration structures. They also understood the requirements that we needed to comply with as a fully listed company. They were diligent in their market research and advice and efficient in steering us through this important journey including helping support our shareholder consultations. We have ended up with accomplished remuneration arrangements that were approved by our shareholders.”

    – Graham Stedman, Remuneration Committee Chair of LMS Capital plc

  • “MM&K are that rare breed, people who actually take the time to understand the business and give executive remuneration advice which is practical, commercial and eminently sensible from the start.”

    – Simon Bennett, Founding Partner, Incremental Capital LLP

  • “With a complex transaction ahead of us, as chairman of a new venture, I knew of MM&K by reputation and over months of twists and turns, their combination of commercial experience and insight, pragmatism and client focus were exceptional. A delight to work with. ”

    – Rupert McNeil, start-up chairman

  • “MM&K helped us design and implement a cash-settled executive long-term incentive scheme. The new scheme is clearly understood by the senior executive team and is proving motivational. All that we needed.”

    – John Dodds, Remuneration Committee Chair, Newbury Racecourse plc

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    Life in the Boardroom

    MM&K has now published its 2025-2026 Life in the Boardroom report, a “must have” for all Non-Executive Directors. The 80+ page unique report provides a detailed and accurate picture from the people who experience life in the boardroom first-hand.

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