The average annual pay of directors at companies with a turnover of less than £5 million a year has fallen by 15 per cent in the last year according to new research.
Structuring the right remuneration package for senior personnel is one of the trickiest tasks a business chief must tackle. Give too much up front and you won’t incentivise performance, but pay out big bonuses and you risk reducing the company’s liquidity, which could even threaten its existence. Then there are all the variables of share schemes to consider.
