September 2008

In a spirited article on corporate governance in Europe, Piero Marchettini discusses company scandals of the recent past and their impact on remuneration policy. He not only explores the role, composition and operation of the Remuneration Committee, paying particular attention to practice in France, but also addresses the thorny issue of disclosure. This article is high on interpretation as well as being very informative.

In looking at the best ways of tackling HR issues during an economic slowdown, and especially those relating to reward, Chris Charman believes that there are six methods by which companies can improve the value they obtain from their pay budgets. In his view, it is a myth that a radically different approach to HR/reward is required in difficult trading conditions. He deems discipline and the application of best practice to be more to the point.