August 21, 2024

TSX60 Key Executive Compensation Observations - A Deeper Dive into ESG and DEI

Among TSX60 companies, ESG metrics are common in short-term incentive plans, while prevalence continues to increase in long-term incentive plans on a gradual basis. Most TSX60 companies disclose gender representation across the senior management and Board of Directors levels, with disclosure for other underrepresented groups becoming more common. Download Laulima's complimentary report on TSX60 ESG and DEI to learn more.

Laulima Consulting - TSX60 ESG and DEI Findings

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TSX60 Key Executive Compensation Observations - A Deeper Dive Into Long Term Incentive Plans

LTI is the largest component of executive pay, with increasingly more emphasis on the use of Performance Share Units. The most prevalent combination of performance metrics is comprised of Relative TSR and absolute financial performance. Stock options continue to decline in prevalence, with companies recently eliminating or reducing the weighting on stock options. RSUs continue to make up 20-25% of total LTI. Download Laulima's complimentary report on TSX60 Long-Term Incentive Plans to learn more.

TSX60 Key Executive Compensation Observations - A Deeper Dive into Short Term Incentive Plans (STIP)

Most TSX60 companies use a formulaic annual incentive plan, with financial metrics as key performance drivers. The majority of companies also integrate ESG objectives into their plans. Actual STIP payouts exceeded targets, with individual performance playing a significant role. Download Laulima's complimentary report on TSX60 Short-Term Incentive Plans to learn more.

From Gain to Pain - Implications of the 2024 Federal Budget Proposal on Executive Compensation

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TSX60 Key Executive Compensation Observations - A Deeper Dive into ESG and DEI

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