Board and Executive Remuneration in Times of Crisis

People costs are often a sizeable operating expense in organizations and when COVID-19 hit, many have had to cut its spend in this area – some reducing certain remuneration elements, some reducing headcount, and some having to do both. The swiftness and severity of the impact of pandemic has certainly stress tested many organizations’ people spend agility and Boards and Leadership have been trying to balance business sustainability and preserving employment, and the complexity is further heightened by massive disruption in business landscapes. This Masterclass will review critical elements of good remuneration design, including key considerations for board and executive pay during this period of crisis, linkage with company’s performance during times of transformation, alignment with shareholders’ interests, and ability to attract and retain key talent.