Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Law
Paying For Advice: The Role Of The Remuneration Consultant In U.K. Listed Companies, Ruth Bender
Paying For Advice: The Role Of The Remuneration Consultant In U.K. Listed Companies, Ruth Bender
Vanderbilt Law Review
Compensation consultants are an integral part of the process of determining executive pay in large listed companies. This study reports interview-based research with protagonists in setting executive compensation in twelve FTSE 350 companies and addresses why the consultants are used, what they do, and how they are perceived.
Consultants have several important roles. Firstly, they act as experts, providing market data and advising on plan design and implementation. Because of this role, they not only guide their clients as to the requirements of the market, they also help create those selfsame market practices and norms. They also have a role …