Executive pay – trends and insights from Willis Towers Watson’s India CXO roundtable series

November 8, 2018
| India

Executive pay remains to be a subject of intense interest among shareholders, government and the public around the world. In recent times, executive pay has come under immense scrutiny, and has become a sign of how organisations both govern themselves and respond to stakeholder concerns.

Regulators in India are introducing newer measures to demystify executive compensation through stronger disclosure requirements and higher governance standards. There are many opinions on pay levels and practices today – along with proposed approaches to designing and delivering them. Is there a payoff for better corporate governance? What does corporate governance change mean for the Remuneration Committees? What are the key takeaways for consideration of your executive compensation programmes, policies and processes?

To discuss, debate and address some of these pertinent questions, Willis Towers Watson gathered 60 top HR Leaders representing a cross section of industry, business maturity and size across Mumbai and Bengaluru.

The sessions were led by Mark Reid, Managing Director, Global Practice Leader, Executive Compensation, Willis Towers Watson and Trey Davis, Director, Executive Compensation – Asia and Australasia, Willis Towers Watson. The themes that dominated the discussions within the broad subject of executive pay, included – governance and the journey across markets, what the regulators and the investors desire? Also, how companies are responding, and principles and market best practices prevalent specifically in Asia Pacific.

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