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Book: How to Set Senior Executives' Salaries and Incentives? Author: Sandy Pepper
Setting the pay of senior executives remains a major concern for many companies. Unfortunately, some books have approached the subject with great sensitivity, while others have treated it in a purely academic way, so they have not helped readers reach a balanced view.
In this book, Sandy Pepper therefore set out to provide executives, investors and corporate financial advisers with a summary of the most important theories (in economics and behavioral science) and the best standards (relating to corporate governance and the rules governing tax, accounting, compliance and the like) concerning senior executive pay. He also reviews the current state of corporate governance and its effect on executive pay and incentives in both Europe and the United States, and supports his research and findings with case studies.
Overall, this valuable book gives you an intelligent, practical and balanced explanation of the principles on which senior executive pay and incentives should be set, and why they succeed and work. It is also essential for anyone interested in understanding and demystifying how senior executive pay and incentives are set – especially members of remuneration committees, financial advisers, and executives who want to understand the rules used to set their own pay and incentives and explain them to others.
About the author: In addition to being a partner in a major British firm in London, Sandy Pepper has headed human resources for the firm and all its branches worldwide. He is also a chartered accountant specializing in senior executive pay and incentives, share schemes and the taxation of international executives. He is keen to take part in industry events and has written many articles on good management leadership and on setting senior executive pay and incentives in British newspapers.
