Most of us take communication for granted, and at our peril. History is littered with examples of how routes of communication are far more fragile than we think, with disastrous consequences. A case study of this is found in Charles Duhigg’s book The Power of Habit. Duhigg interviewed nurses who worked in the early 2000’s…

May 15, 2023 Read more >

MM&K (the UK partner firm in the GECN group) has published its 2023 research on how the world’s largest firms use ESG (environmental, social, governance) metrics in their executive incentive plans. Download your free copy here. We researched how the world’s top listed firms used ESG metrics when incentivising their CEOs; metrics were grouped into…

April 27, 2023 Read more >

For those businesses that have been fortunate enough to pay out bonuses for the 2022 financial year, March and April will often be the months in which payments are made. However, for many of you who manage and oversee bonus plans, there will be at least one payment (if not more) that you think is…

April 27, 2023 Read more >

A report entitled “Annual Economic Survey of Employee Share Ownership in European Countries 2022” published by the European Federation of Employee Share Ownership (EFES) points to a decline in employee share ownership across Europe, except in the UK. EFES produces a version of this report annually. It contains a lot of data on the pattern…

April 25, 2023 Read more >

MM&K has now released the 2022 edition of its Private Equity and Venture Capital report. In this article, we take a look at how salaries for non-investment roles have changed each year since 2019 and how this compares with inflation and average increases across the UK job market. The graph below shows the average base…

April 24, 2023 Read more >

You have probably heard of the term ‘shareholder activism’. This refers to actions taken by shareholders of a company to influence the management or direction of the company. Shareholder activism can take different forms and has advantages and disadvantages. We will look at some of these in this article. Shareholders may engage directly with the…

April 21, 2023 Read more >

An annual return needs to be submitted by all companies which have an active employee share plan registered with HMRC. This includes tax-advantaged share plans such as EMI, CSOP, SAYE and SIP as well as any non-tax advantaged plans or arrangements such as unapproved options, conditional share awards (or restricted stock units), growth share plans…

April 19, 2023 Read more >

Last month, we foreshadowed participation by MM&K Director and Senior Partner, Paul Norris on the panel of a webinar produced by the London Stock Exchange Group (LSEG) on Aligning People, Pay and Planet – Executive Compensation and Sustainable Value Creation. We were delighted to have been invited to participate in this prestigious event. The webinar…

March 21, 2023 Read more >

MM&K (the UK partner firm in the GECN group) has published its 2022/23 research on how the world’s largest firms use ESG (environmental, social, governance) metrics in their executive incentive plans. Download your free copy here. ESG metrics have historically been more prevalent in short-term incentives (STI), since financial or market-based measures – e.g., eps…

March 21, 2023 Read more >

Succession planning is a critical function of boards. It ensures that they have the right people in place to lead the company strategy and objectives into the future. It is an essential function of good corporate governance, ensuring that the boards have the right mix of skills, experience, and diversity to effectively direct the company…

March 17, 2023 Read more >

In the Spring budget 2023, the following reform to the CSOP rules and changes to the EMI rules, effective from 6 April 2023, have been announced: Reform of CSOP The CSOP rules will be reformed, as previously announced by the government on 23 September 2022, in the following manner: paragraph 6(1) of the CSOP legislation…

March 16, 2023 Read more >

It is now almost time for MM&K to launch its Chair and Non-Executive Directors Survey – “Life in the Boardroom”. This is a “Must Have” publication for all Non-Executives. This survey is unique as the data is collected from Non-Executive Directors themselves. This offers true insights into individual directors’ views about Board appointment practices and…

March 16, 2023 Read more >