The GC100 and Investor Group Directors’ Remuneration Reporting Guidance 2018

The guidance suggests “best practice” in the view of both investors and companies. The Group (comprising FTSE 100 Company Secretaries and leading UK institutional shareholders) was reconstituted in 2018 to further review and amend the guidance following the publication of The Companies (Miscellaneous Reporting) Regulations 2018 which applies to financial years beginning on or after 1 January 2019. An updated version of the guidance was republished on 7 December 2018.

The primary areas that were amended or are new include the exercise of discretion, considerations surrounding share price appreciation and reporting of pay ratios.

The guidelines can be found on the Practical Law website.