A recent article by the City Editor of CityAM* suggests that the UK is over-fixated on executive pay. That comment brought to mind the view of the London Stock Exchange CEO that higher CEO pay to improve the competitiveness of the UK in the global war for talent. The City AM piece referenced the High…

December 17, 2025 Read more >

UK & European Private Equity: Managing Compensation Across Roles In the UK and Europe, private equity firms are focusing on strategic remuneration across different levels to sustain talent during uncertain markets. The 2025 MM&K survey highlights that: Investment Partners experienced a 6% increase in total cash compensation, including base salary and most recent bonuses. Senior…

December 16, 2025 Read more >

A new year is a natural moment for reflection – and for reality checks. Too often, Boards enter the New Year believing strategy is aligned and culture is healthy, only to find the gaps emerge in execution. Research shows 82% of leaders believe teams are aligned with strategy, yet only 23% of employees agree. This…

December 16, 2025 Read more >

Join us for this live webinar on Wednesday 14th January 2026, where MM&K’s Senior Partner Paul Norris, together with a panel of experts from the LSEG, WB Directors, and Board Excellence, will discuss the increasingly demanding and evolving role of NEDs and address major boardroom issues in today’s rapidly changing environment. This session will draw on…

December 15, 2025 Read more >

To some the title of this article might seem like a grammatical error. However, given our long history of working with both family and non-family companies, we would observe that in both types of business a similar question arises: “How do we successfully bring in much needed “new blood” without destabilising the existing team?” Interestingly,…

December 12, 2025 Read more >

The government delivered its Autumn Budget on 26 November 2025. This article briefly discusses the likely impact that the Budget may have on employee share schemes. The main relevant tax changes are: Enterprise Management Incentives (EMI) Plans – The government has proposed that from 6 April 2026, legislation will be introduced to increase the following…

November 27, 2025 Read more >

There will be a number of factors as to why a business does or does not offer “variable pay” – a.k.a annual bonuses and/or long-term incentives. These can include cultural choices, size and affordability. Often, businesses will just choose an annual bonus OR a long term incentive – with the most common choice being for…

November 25, 2025 Read more >

UK & European Private Equity: Navigating Market Pressures The UK and European private equity market in 2025 continues to face a complex macroeconomic influences, including interest rate pressures, valuation uncertainty, and constrained exit activity. In H1 2025, European deal activity declined by 18% to 3,182 transactions. Interestingly, while fewer deals closed, the total exit value…

November 24, 2025 Read more >

A Non-Executive Director or NED is a member of the board of directors but not a part of the executive team. NEDs are external or independent directors who help the company to achieve its full potential through guidance and governance. It is essential that these key members of the management team are remunerated in a…

November 21, 2025 Read more >

Boards track pay packages, bonus schemes, and KPIs. But are you clear on how behaviour is reinforced day to day – in the informal, often unnoticed moments that shape culture and execution? Performance is often won or lost here. Research and experience consistently show that culture does not just “happen.” It emerges when behaviours are…

November 20, 2025 Read more >

MM&K together with Business & Remuneration Consultancy firm 21st Century launches its First-Ever Africa Compensation Survey for the African Private Equity and Venture Capital Industry. This survey provides participating firms with market leading, detailed information on both the quantum and structure of pay in the African PE, VC, Infrastructure and Real Estate fund management industries. The survey collects…

November 11, 2025 Read more >

“Subcultures don’t signal misalignment, they reveal where strength and nuance already exist. Culture work should meet them there.” In private equity, culture is being recognised as a value lever, a driver of performance, resilience, and growth. But there’s always a catch: most companies don’t have one culture, they have many subcultures. Subcultures exist around teams,…

October 29, 2025 Read more >