We have unique expertise in executive KMP remuneration
Since our establishment in 2001, GRG has been a leading independent expert in executive remuneration, specifically focusing on Key Management Personnel (KMP) in Australia. Our extensive experience in KMP remuneration enables us to provide comprehensive services, tailored to the unique requirements of our clients. We assist in navigating the intricacies of executive remuneration, a field often entangled with evolving governance and compliance challenges, shareholder scrutiny, and diverse stakeholder interests, including the media and regulators.
Our range of executive remuneration related advisory services encompasses everything, from reviewing and designing executive incentive plans (STI and LTI), to formal equity plan drafting as well as policy and procedure drafting of executive remuneration frameworks. We conduct bespoke market remuneration benchmarking research to ensure that executive KMP remuneration aligns with the latest market standards.
Our consulting services in KMP consulting are clear, precise, and transparent, empowering boards to address these challenges cost-effectively and strategically.
Keep ahead of regulatory and governance changes in executive remuneration
Regulatory shifts significantly impact remuneration practices and governance, particularly in the Australian context. GRG stays at the forefront of these changes, ensuring our executive remuneration strategies in Australia are compliant and effective. Key updates include:
- The new Corporations Act compliance requirements affecting employee share schemes.
- The “Two Strikes” rule under Australian corporate law, focusing on shareholder voting on remuneration reports.
- Restrictions on external remuneration consultants (ERCs) in providing KMP remuneration advice.
- The 2009 amendments to Employee Share Scheme (ESS) taxation laws affecting STI, LTI, and termination arrangements.
These are just a few instances where GRG has adapted to evolving regulations, continuously refining our executive remuneration services to meet the highest standards.
Find out more about GRG’s Executive Remuneration services
Learn how GRG can assist your organisation in setting effective executive remuneration that aligns with your corporate objectives. With a deep understanding of KMP remuneration in Australia, GRG is uniquely positioned to provide expert advice and solutions. Get in touch with us today.