The CIPD and the High Pay Centre have called for the reformation of FTSE 100 remuneration committees (RemCos) following the results of their latest executive pay report.

?These came into force in January 2019, with most reporting generally beginning in 2020 (apart from CEO pay ratios)

Our back to basics series brings you top tips from industry experts on the bread and butter areas of HR

Questions need to be asked about whether board members had the best interests of the company at heart

Demonstrating that RemCos understand the wider workforce’s pay packages, powers to exercise discretion, and a willingness to act may go a long way towards addressing high pay issues

While poor corporate governance and boards have been blamed for the CEO-worker pay gap, HR should look to its own management processes and ask if employees as a whole are losing out

The FRC consultation also includes plans to require firms to publish their executive gender balance and on worker representation on boards

Executive pay is broken. Can we fix it by linking remuneration to total stakeholder value?

Having an HR director who encourages a culture of empowerment, rather than worrying about being on the board, is very important

A report from the Performance and Reward Centre identifies key issues facing UK plc Remcos and lessons for boosting effectiveness.

Media and shareholder scrutiny, coupled with regulatory changes, mean executive pay has become increasingly complex

Concerns surrounding executive pay continue to grow. But HR can play a key influencing role