Summary
This guide presents the 2023 ISEQ20 board remuneration handbook, which details current practices and trends in executive and non-executive director remuneration for major companies in Ireland. It outlines that executive remuneration has stabilized following the pandemic, with bonuses slightly lower than the previous year but still robust compared to mid-pandemic levels. The document discusses the challenges facing ISEQ20 boards in setting fixed pay and incentive targets for 2023/24, particularly in light of socio-economic factors. It notes that shareholders are increasingly attentive to remuneration decisions, focusing on fairness in executive compensation relative to other stakeholders. The handbook also highlights the growing importance of ESG metrics in annual bonus plans, with 75% of companies incorporating these measures. Additionally, it provides data on salary increases, bonus structures, long-term incentives, and pension alignments, reflecting the evolving landscape of executive compensation in the Irish market.
