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Having seemingly come out of the worst of the recent pandemic, many employers were delighted in early 2022 to be able to give a decent level of pay rises.  Our discussions and reviews with employers were showing increases of at least 3% as being the norm. However, this good news was swallowed up by the…

July 19, 2022 Read more >

The career path of many employees includes a series of promotions to team leader or manager (requiring the individual to acquire managerial skills and responsibilities). There are certain benefits and responsibilities that come with this progression, e.g.: Pay – the pay levels increase; Title – gives a feeling of more importance, recognises development and brings…

June 29, 2022 Read more >

On 16th June 2022, HMRC published the Employment Related Securities Bulletin 43 (Bulletin). The main content of the Bulletin relates to the bonus rate mechanism for Save As You Earn (SAYE) Scheme. In the Bulletin HMRC acknowledged that the current mechanism for calculating the bonus and interest rates (which incidentally has remained at 0% since…

June 29, 2022 Read more >

On the 23rd June, The ESOP Centre hosted a webinar titled ‘Share Schemes and the Impact of Inflation’. The comprehensive presentation covered a number of topics including the dangers of stagflation, the cost-of-living crisis and how employee share schemes may be used to combat this issue, with a particular focus on the economics of the situation.…

June 29, 2022 Read more >

In a time where cashflow looks like it might become tight for organisations of all sizes, the use of short term incentives (bonuses and commissions) can help make the difference in hitting growth targets. However, our experience shows that many organisations do not think strategically about their use of bonuses/commissions.  In such circumstances, the thinking…

June 29, 2022 Read more >

In MM&K’s exclusive report Life in the Boardroom 2021/2022, we surveyed 885 boardroom positions on their demographics, fees, and much more. This article analyses these responses to see if firms of different market types (e.g., main-market, AIM, private, etc.) have had different responses and experiences with ESG (Environmental, Social, Governance). Here are some of the…

June 29, 2022 Read more >

On 26 May, MM&K Managing Partner and CEO, Paul Norris was honoured to have been invited to speak at a networking event for members of Women on Boards.  WoB CEO, Fiona Hathorn interviewed Paul about some of the key findings from Life in the Boardroom, MM&K’s 2021/22 survey of chairs and NEDs.  Subjects covered included:…

May 26, 2022 Listen to the podcast here >

Having a strong remuneration structure in place is a must for any business as it will underpin any successful retention policy.  However, as the old saying goes “money isn’t everything”. When working with clients on reviewing their “reward policy”, one of the areas that can be looked at is the dynamic around how people are…

May 25, 2022 Read more >

On 26th April 2022, the Court of Appeal passed its judgement over two appeals (HMRC v Atholl House Productions Limited and Kickabout Productions Limited v HMRC) relating to the application of the IR35 legislation. In brief, the IR35 legislation provides that where an individual personally performs their services to the client through an intermediary and…

May 25, 2022 Read more >

For many, working from home has become ingrained into the nature of our job roles, and with hybrid working becoming more common, it looks like this is a practice that is here to stay. This begs the question; should compensation be adjusted because employees are working remotely? In this article I will discuss two scenarios…

May 25, 2022 Read more >

In MM&K’s exclusive report Life in the Boardroom 2021/22, we surveyed 885 boardroom positions on their demographics, fees, and much more. This article analyses the results of Life in the Boardroom to see if the age or length of service of NEDs* has any impact on the fees they receive. As shown in the chart…

May 25, 2022 Read more >

Many readers will be aware that last month, the IA issued its response to two issues arising from Russian sanctions and the economic impact of Russia’s invasion of Ukraine, namely: LTI award sizes in light of the recent fall in share prices; and Whether a six-month delay in setting LTI targets would be appropriate, owing…

April 19, 2022 Read more >

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