MM&K’s Paul Norris was interviewed by Katya Gorbatiouk for London Stock Exchange’s Market Matters to discuss the current state of director and executive remuneration and how it is might evolve in the future. The interview covered a wide range of topics and includes insights on current challenges for remuneration committees, ESG, the impact of policies…

October 12, 2022 Watch the interview >

It is a known fact that employee turnover has a negative financial effect on companies; mainly due to the amount of effort and cost that goes into recruiting and training new employees, as well as the impact on those remaining employees who must cover for those who have left until they can be replaced. Thus,…

December 7, 2021 Read more >

The UK inflation rate increased to 4.2% in October, the highest rate in almost 10 years, driven primarily by the demand for oil and gas pushing energy prices up, supply problems caused by a shortage of goods, and government aid during the COVID-19 pandemic. But how is this likely to affect people, and are expected…

December 7, 2021 Read more >

When the dictionaries are updated for the words and phrases of 2021, it is a sure bet that “hybrid working” will be on the list.  But what does this phrase really mean? At its heart, it is an acknowledgment that how we think about people working has to be confronted. Yet, what is equally obvious…

December 7, 2021 Read more >

The High Pay Centre (HPC), earlier this month published a report on the pay-outs under Long-Term Incentive Plans (LTIPs) and bonuses for CEOs of FTSE 100 companies. The findings showed that those incentive plans often pay out a high proportion of their maximums, so the report argues that these plans are failing their key purpose…

December 6, 2021 Read more >

We are delighted to be sponsoring the PEI CFOs & COOs Forum, taking place 16-17 November in London. The forum caters to CFOs and COOs from private market funds from across Europe, with 130+ buy side attendees expected to network in person and discuss the key themes, challenges and strategy for leading industry decision makers.…

November 9, 2021 Read more >

We are delighted to announce that we have just published our latest MM&K PE/VC Compensation Report which sets out our findings from our 2021 survey of the UK and European private equity, venture capital, infrastructure and real estate fund management industries. The survey covers both short-term and long-term aspects of pay and incentive practice in…

November 4, 2021 Read more >

UK companies with a premium listing are bound by the UK Corporate Governance Code (UKCGC). According to the UKCGC the “remuneration for all non-executive directors should not include share options or other performance-related elements.” This explains why NEDs in the FTSE 100 do not participate in options or LTIPS and, probably, why only a small…

November 4, 2021 Read more >

The 2021 – 2022 MM&K / GECN Group research is focused on the role of ESG factors in global executive remuneration and is a continuation to the “2021 and Beyond: Global Executive Incentive Trends The Shift to Non-Financial Measures” Report. The GECN is a group of six independent advisory firms specialising in executive compensation and corporate…

November 4, 2021 Read more >

March 2020 marked the beginning of the global COVID-19 pandemic, which led to lockdowns in many countries and caused mass disruption amongst many businesses. But how exactly was the UK’s FTSE 100 affected, and how have 2021 CEO remuneration packages fared compared to previous years? As can be seen in the graph below, there was…

November 4, 2021 Read more >

The FCA’s consultation period has just closed for comments on their proposals around “Diversity and inclusion on company boards and executive committees”. Once the FCA has taken on board any comments, the intention is that these updated rules will apply to all main listed companies from January 2022 (so that reporting will start from 2023).…

November 4, 2021 Read more >

In the recent case of Lord and others v Maven Wealth Group Limited [2021] EWHC 2544, the High Court has held that the provisions in the articles of association for the determination of ‘fair value’ of shares take precedence over the provisions in the shareholders’ agreement, even if ‘fair value’ is defined in the articles…

November 4, 2021 Read more >

With over 100 participating firms from across the United States and Canada, including Private Equity, Venture Capital, Infrastructure and Real Estate firms, this Report contains a tremendous array of data, statistics and analysis. Overall, 120 organisations participated in the survey, providing information on over 4,000 incumbents, employed in 46 different positions, ranging from analyst to…

October 7, 2021 Read more >