Remuneration policies

Sound remuneration policies and practices should reflect and promote good corporate governance and sustained, long-term value creation for shareholders.

There is increasing pressure on companies to ensure their remuneration policies are defensible and aligned to their strategy and risk profile.

Our team guides clients through the extensive and complex regulation and compliance requirements in designing and communicating remuneration policies.
  • Profile
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The key challenge when designing remuneration policies and packages is to manage shareholder expectations without detracting from the objective of motivating and retaining key staff.

Solution driven and innovative in our approach, we advise clients on how to implement remuneration policies that are fully aligned with their business strategy whilst being acceptable to shareholders and employees.

We anticipate our clients' needs by staying at the forefront of new regulatory regimes. This includes advising on the application of the Remuneration Code, CRD IV, the Corporate Governance Code, revisions to remuneration policies and the impact of the bonus cap.

In addition, shareholder activism has led to major changes in the information directors are required to provide in their remuneration reports and we regularly assist a variety of clients on their disclosure obligations.

"The industry knowledge possessed by the team ranks as one of the best in London"
The Legal 500 UK 2015

Shield Therapeutics

We advised this pharmaceutical company on a suite of appropriate incentive arrangements, both on an executive only and all-employee basis in the context of its proposed listing on the London Stock Exchange.

Mizuho Bank Limited

Regulated by the PRA, Mizuho reviewed its Remuneration Policy to ensure compliance with the Remuneration Code and CRDIV. Particular focus was placed on the provisions for malus and claw back.

Diploma plc

We advised this long-standing client on the impact of the directors' remuneration regulations, in particular on its remuneration policy and remuneration report.

Senior executive at major bank

We advised a senior executive involved in the Libor manipulation allegations on his equity and bonus entitlements in the context of those allegations.

ICAP plc

We provide on-going advice to this client on its remuneration matters.

A major bank

We advised in connection with a senior level new hire whose package on offer included complex shares, bonus buy-out payments and first year guarantees in line with the PRA Remuneration Code and the bank's remuneration policy.

Senior executive at major bank

We advised a senior executive on his equity and deferred awards in the context of his retirement.

Lawyer

Barbara Allen Partner

T:  +44 20 7809 2231
M:  +44 7771 531 553 Email Barbara | Vcard Office:  London

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© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.