Various national and international developments have shifted the landscape for Board remuneration. It is therefore, the ideal time for companies to review their Board remuneration arrangements and redesign them to appropriately match their business strategy, regulatory requirements and best practices.
The role of the Boards of Directors and the Governance/Remuneration Committees (RemCos) has therefore, become extremely critical based on these developments. The Boards/RemCos need to ensure that their companies' remuneration strategy is not only coherent and consistent with international remuneration framework, but that also aligns with shareholders’ interest.
KPMG People Services Practice is well positioned to provide guidance on corporate governance, best practices and Non-Executive Director education on executive remuneration matters.
We provide organisations with reliable market information to assess the competitiveness of their Directors’ pay levels and practices. Armed with the right information, organisations can take informed pay decisions, while promoting corporate governance and ensuring alignment with leading edge practices.
© 2018 KPMG Professional Services in Nigeria, a limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.