Latest Press Releases

Mercer adds to UK Executive Remuneration capabilities with new consultant -

12 April 2013, London

Mercer has recruited Patricia Bradley as part of the consultancy’s drive to expand its Executive Remuneration business in the UK and Europe.
 

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Corporate bonus pools in financial services expected to be relatively flat for 2012 performance relative to 2011 - 21 February, 2013

In 2013, executives in the global financial services sector are anticipating base salary increases of 2.2-2.5% according to new data released by Mercer. Regionally, excluding those who are expected to have pay freezes, executives in the emerging markets are expected to receive the highest salary increases in 2013 of between 4-5%, followed by North America at 3% and then executives in Europe.

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Shareholder activism changing corporate approach to Executive Remuneration -

8 October, 2012

Increased shareholder activism and a desire for more corporate governance are driving changes in multi-national executive remuneration, says Mercer. The consultancy, which advises Remuneration Committees on Executive Pay issues, has identified it as the single biggest executive remuneration trend in 2012.

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17% of banks ‘clawed back’ compensation in 2011, says Mercer’s Financial Services Executive Compensation Survey - 23 August, London

New survey data issued by Mercer shows that 14% of global banking organisations have ‘clawed back’ compensation payments made to employees while a further 3% of organisations have reclaimed the payments but have yet to receive the pay back. This recent data comes from Mercer’s Financial Services Executive Compensation Snapshot Survey which looks at compensation structures in 63 global financial services companies, including banks and insurance firms.

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Executive Remuneration: FRC’s ‘single figure reporting’ recommendation is a positive step -

18 July 2012, London

 Mercer has welcomed suggestion by the Financial Reporting Council, the UK’s independent Corporate Governance Regulator, that there should be a ‘single figure’ disclosed in company accounts which included all elements of a director’s pay.

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Mercer view: Binding shareholder vote on executive remuneration - 20 June 2012, London

Following its industry consultation, ‘Executive Pay Consultation on Enhanced Shareholder Voting Rights’, the Department for Business Innovation and Skills (BIS) has decided on a three year binding vote on future executive remuneration policy, including pay and exit pay.

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Executive Pay and a binding shareholder vote -  9 May 2012, London

Mercer has welcomed the government consultation into executive pay but has cautioned that a binding vote will not necessarily have the outcome that is intended.

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