A new chapter begins
Steering & Compensation
With many years of expertise and a multidisciplinary view on the steering and compensation of the Management Board, Mercer | hkp///group Corporate Governance Advisors support the Supervisory Board in designing and communicating appropriate and competitive compensation for the Management Board which is compliant with regulatory requirements, appropriate for the capital market and investors, and which supports the company's strategy.
Mercer | hkp///group Corporate Governance Advisors also provide support with regard to the compensation system for the members of the Supervisory Board. Although in practice, this is significantly less complex than compensation for the Management Board, regulatory requirements, expectations of investors and proxy advisors as well as best practice must be taken into account in order to be perceived both responsibly and professionally.
At the same time, the tasks, requirements, and workload for the Supervisory Board and its members have increased significantly in recent years. As a result, it is becoming increasingly difficult to find candidates for the Supervisory Board who meet the comprehensive requirements of companies, institutional investors, proxy advisors, and other stakeholders. The call for an appropriate level of compensation is also playing an increasingly important role in this regard.