Reward Governance for Senior Executives

This book is intended to help anyone involved in the executive appointment and termination process.

Carol Arrowsmith (Edited by), Rupert McNeil (Edited by)

9780521871594, Cambridge University Press

Hardback, published 4 September 2008

256 pages, 8 b/w illus. 35 tables
23.5 x 15.6 x 1.9 cm, 0.53 kg

'…a thorough exploration of ways to determine the value and shape of reward packages and to ensure the process goes smoothly and in the best interests of companies and executives.' Practical Law Company

In areas such as dispute resolution, visibility and investor interest, the relationship between a senior executive employee and his or her employer differs materially from the relationship that most employees have with their employer. Executives are tools which help create shareholder value. A company's decision to employ one executive over another should be based on the ability of the potential employees to create shareholder value for the organisation. It is therefore essential to get both the appointment and contract right. Negotiating and agreeing the right contract requires an understanding of areas as diverse as valuation, employment law, tax and accounting. Covering the appointment of UK executives under contracts governed by UK law, this volume of essays is intended to help anyone involved in the appointment and termination process.

Introduction
1. Striking the deal Rupert McNeil
2. Documenting the deal Angus McGregor
3. Valuing the package Alison Smith and Emma Nicholson
4. Constructing the package Alison Smith
5. Supporting the business strategy Carol Arrowsmith
6. Reporting and explaining the deal Angus Maitland and Isobel Sharp
7. Governance of senior executive remuneration Kathrin Kahrass.

Subject Areas: Company law [LNCD], Company, commercial & competition law [LNC], Personnel & human resources management [KJMV2], Business & management [KJ]