Comprehensive expertise in NED remuneration
Since 2001 GRG has been an expert provider of a comprehensive range of NED (non-executive director) remuneration services. Our board-specific remuneration solutions and independent recommendations assist key decision makers navigate the complexities of NED remuneration, which needs to take into consideration an ever-changing governance and compliance landscape, as well as increasing scrutiny from shareholders, regulators and other stakeholders.
Our NED remuneration services are comprehensive, ranging from partnering with clients to design an effective remuneration framework that considers the nuances of board remuneration; the review and design of NED equity plans; NED fee holding policies; and bespoke NED fee benchmarking to name a few.
Our consulting services, advice and recommendations aim to be clear, precise and transparent so that these issues can be dealt with cost-effectively and strategically.
Our Board Remuneration services
GRG is proud to offer a comprehensive suite of Non-executive Director remuneration specific advisory services tailored to meet the needs of the Board and remuneration committees. Our team of trusted advisers have for over 20 years been appointed to assist ASX listed, private and NFP companies, leveraging Australia’s largest NED remuneration database to provide market insights. Our consulting services are designed to assist boards in navigating the complexities of NED compensation with strategic insight and precision.
Benchmarking and Analysis
- GRG Provides an Independent review of Board Fees – important given the inherent potential conflict of interests that exists for NEDs who are charged with setting their own remuneration.
- Non-executive Director Main Board Fee Benchmarking data: Utilising GRG’s extensive database to provide accurate remuneration benchmarks.
- Committee Fee Structures: recommendations and analysing market trends for committee compensation.
- Fee Pool Analysis: Detailed examination of aggregate fee limits to guide board decisions.
- Benchmarking Policy Recommendations – objective advice to setting a strategy and market positioning.
- Equity as part of the Main Board Package – a positive measure to ensure that NEDs are acquiring and holding equity in the Company and aligning interests with shareholders.
Strategic Design and Recommendations
- Governance Advice: Providing expert guidance on NED remuneration-related governance issues and framework.
- Pay Relativity Strategies: Offering strategies and insights to establish equitable Board and Committee Fee structures.
- NED Equity Plan Design: Expert design advice to develop an optimal NED equity plan that align with good governance and best practice.
- NED Equity Plan Documentation: GRG offers a full end to end solution and provides formal NED equity plan documentation (i.e. Plan Rules, Invitations. Grant Notice, Explanatory booklet, etc.)
Communication and Advisory
- Remuneration Report Drafting: Assisting in the creation of clear, transparent remuneration disclosures to maximise shareholder support.
- Communication Advice: Providing expert guidance on NED remuneration-related communications and governance issues.
- Regulatory Updates and Compliance: Keeping NEDs informed about regulatory changes and compliance requirements.
- Mitigation Strategies for the “Two Strikes” Rule: Offering proactive strategies to address shareholder concerns effectively.
Why Choose GRG?
With over two decades of dedicated service, GRG has emerged as a pivotal NED consultant and board remuneration authority in Australia. Our approach is defined by clarity, precision, and a commitment to delivering cost-effective and strategic solutions to our clients.
