This is a practical guide to running remuneration committees, describing their structure and the resources required to enable them to fulfil their obligations and meet their terms of reference. It is designed to help boards to:

• set up an effective committee structure
• oversee financial reporting compliance
• evaluate the processes in arriving at awards
• ensure transparency and effectiveness of controls

Standard documents such as disclosure checklists and sample agenda are included within the guide and also on the accompanying CD.

Paperback + CD •  ISBN: 9781860723339 •   176 pages • Published July 2006 • £34.95

Contents
Preface
About the Remuneration Institute
Introduction
1 The Role of the Remuneration Committee
Code Principles
Code Provisions
Schedule A- Combined Code
Listing Rules
2 Creating an effective Remuneration Committee
Remuneration Committee composition
Independence
Skills and experience
Remuneration Committee remuneration
Remuneration Committee resources
External consultants
Professional development
3 Running an effective Remuneration Committee
Remuneration Committee terms of reference
Remuneration Committee meetings
Communication policies
Assessing Remuneration Committee effectiveness
4 Remuneration Committee responsibilities
Setting remuneration for directors and senior executives
Reviewing the appropriateness of the remuneration framework policy
Issues for Remuneration Committees to consider when designing incentive schemes
Performance evaluation and the role of the Remuneration Committee
Appendices include Remuneration Committee reference manual and Example of Remuneration Committee meeting agenda
Directory
Glossary
Index

About the author
Sean O'Hare: Sean is a Partner in KPMG's Executive Compensation Practice. He has over 20 years experience of advising the Remuneration Committees of major FTSE 100 and FTSE 250 companies on all aspects of remuneration. He has assisted some of the UK's largest companies in developing global remuneration strategies and programmes. Sean is a member of the Institute of Chartered Accountants in England and Wales, and prior to joining KPMG Sean was Head of Executive Compensation at Mercer Human Resource Consulting and more recently the UK Group Head of Corporate Governance at Mercer Delta.