Pressure to secure global talent has prompted a shift
in how UK companies approach executive pay, with boards taking a firmer stance
on raising compensation for chief executives. Commenting for the Financial Times, Dame Julia Hoggett, the chief
executive of the London Stock Exchange, who said UK firms now argue more
forcefully for packages they believe are necessary to stay competitive.Hoggett
said remuneration committees have become “far more forceful” when defending the
need for competitive pay packages…
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