LED8 - Remuneration Committee Essentials

Course Description The Remuneration Committee (RC) is appointed by the board to assist in ensuring that the essential remuneration policies of a company are in its long-term interests. The module looks at the scrutiny of pay, the role of the RC, how the RC should be structured, its functions, and the regulations and disclosure requirements which the RC must be familiar with.

The philosophy, structure, mechanisms and benchmarks for non-executive director fees and executive pay are covered separately, as they are different. Executive pay is more involved and concepts such as pay for performance, long-term incentives, and equity-based remuneration are examined. Talent management is also discussed, as an RC typically also has responsibility for oversight of the framework and process for the recruitment, onboarding and retention of key executives.
Course Objectives
  1. Understand the roles and responsibilities of the RC and RC chair.
  2. Highlight principles and frameworks to support responsible board and executive remuneration decisions.
  3. Review the approaches towards setting non-executive director fees and executive compensation levels, including design elements related to incentives and equity plans.
  4. Examine the linkages between executive pay and talent management. 
Course Outline
  1. RC Composition and Agenda.
  2. Non-Executive Director Fees.
  3. Executive Remuneration.
  4. Equity-Based Remuneration.
  5. Talent Management.
  6. Stakeholder Engagement.
  7. Panel Discussion and Wrap Up.
Level Essentials.
Target Audience
Aspiring, new and current directors, C-suite and senior management of listed companies.
Course Duration Half day (lunch provided).
Delivery Classroom lecture, discussion, case studies and Q&A.
Cost SID Member : $420 (excl. GST); $449.40 (incl. GST).
Non-SID Member : $580 (excl. GST); $620.60 (incl. GST).
CPD Hours 4 hours.