The Davos programme includes presentations about:
* EXECUTIVE COMPENSATION - What now ?
* After the perfect storm: John Pymm & Julie Withnall - Watson Wyatt
* Let the market decide: Alan Judes - Strategic Remuneration
* A pan-European review of executive remuneration as it relates to
shareholder votes on remuneration reports and other stock incentive
plans:Jean-Nicholas Caprasse - Riskmetrics
* The regulators' perspective
* Open floor debate
Market
values of shares have fallen dramatically. How can companies give
their executives share awards that are fairly valued? What is the best
way to value equity for these purposes? This part of the session gives
suggested answers and methodologies.
Companies,
amongst other actions, are cutting salaries to preserve jobs. Is there
a way to offer shares as an incentive that can replace some of the
salary forgone and yet have no cash cost for the employer? This part
of the session illustrates equity opportunities for employers in tough
times.
Alan Judes, Managing Director, Strategic Remuneration, UK
Alan Judes is the founder of Strategic Remuneration, an independent
consultancy based in London giving advice on all aspects of pay but
with particular emphasis on corporate governance, incentive
arrangements, and equity-based pay including broad based employee stock
plans. Strategic Remuneration is the appointed adviser to the
Remuneration Committees of a number of FTSE companies, but also
advises larger unlisted entities. Alan is a chartered accountant,
chartered tax adviser, and a certified management consultant. He has
been an executive compensation consultant for many years and was a
partner in Bacon & Woodrow before it was acquired by Hewitt
Associates. Alan is a Member of Faculty with WorldatWork and teaches on
their Global Remuneration Professional courses. He is a regular speaker
at conferences in the UK and abroad and the taxation chapter author of
a number of manuals on compensation practice and the author of
Transactions: Share Incentives for Employees published by Longman in
1993. Alan has advised number of international companies such as Roche
and P&O that have extended their share incentive arrangements on a
worldwide basis. His work includes the establishment of offshore trust
arrangements for the funding and financing of these plans.
Alan read Commerce at the University of the Witwatersrand , Johannesburg.
July 9 & 10, 2009 - Employee Equity: Responding to the Crisis
Equity opportunities in tough times
· This recession is different. Companies are using a lot of imagination
to prevent job losses including sabbaticals, factory holidays, shift
reductions, part-time working and cutting salaries to preserve jobs.
· Some are even using shares as an incentive to replace some of the salary forgone.
· Using Shares to deliver value without any cash cost for employers.
Alan Judes Managing Director Strategic Remuneration
ifs ProShare Employee Share Plans Conference and Exhibition
Thursday 24 September 2009 at One Wimpole Street
The ESP
Conference & Exhibition will this year be held on Thursday 24
September at The Royal Society of Medicine, 1 Wimpole Street, London,
W1G 0AE.
Our keynote speaker this year will be Donald H Brydon CBE FCIB.
Our
Annual Conference & Exhibition is a key event on the Employee Share
Plans calendar and is an excellent way for delegates to keep their
market knowledge up to date. It also enables delegates to network with
their peers and to exchange news and views on topical share plan issues.
1540 Panel Discussion – chaired by Alan Judes, Strategic Remuneration The Challenges of Employee Engagement and Productivity David MacLeod, Department for Business Enterprise and Regulatory Reform John Earls, UNITE Charles Cotton, CIPD Alex Bryson, National Institute of Economic and Social Research Michael Bendorf, Global Equity Organization
EIP Perspective seminar - New tax rates, new ideas: protecting
employees' pensions and incentives
New tax rates, new ideas: protecting employees' pensions and
incentives
Wednesday 14 October 2009, 9.00 - 10.30 am (breakfastavailable from 8.30 a.m.)
With income tax rates due to rise to 50 per cent for top earners
from next April and new penal tax charges on pension contributions, action is
needed if companies are to continue to provide tax-effective pensions and
share-based rewards.
We would be delighted if you could join us on Wednesday 14 October
for aseminar led by partners from Ashurst’s incentives and pensions
practices, together with Alan Judes of the consultancy firm Strategic
Remuneration. We will look at the impact of the tax changes and offer practical
solutions for both senior executives and all employees.
Learn
how employee equity schemes can make everyone in your company better
off in the medium and long-term. The Esop Centre, in association with
the Genesis Initiative*, will hold a one-day share schemes conference
in London for small & medium size busineses (SMEs) on Tuesday
November 24. Centre member law firm Travers Smith has kindly agreed to
host this event in its HQ building at: 10 Snow Hill, London, EC1A 2AL
This conference will commence at 0900 hrs and will run until 16.45.
This conference should enable delegates to:
*appreciate why shares/share options are good employee incentives
*understand the different employee share schemes available
*learn about practical aspects of operating employee share schemes
*follow tax efficient share scheme practice
*appreciate the importance of communication in an effective employee share plan
*match share plans to company objectives and understand plan design issues
*learn how to implement share schemes in a cost effective way
*see details of real-life employee share plan roll-outs
Speakers include:
Malcolm Hurlston, chairman, Esop Centre; Colin Kendon, Bird & Bird;
Mahesh Varia, Travers Smith; Catherine Gannon, Gannons; Guy Abbiss,
Abbiss Cadres; Maoiliosa O'Culachain, Global Shares; David Craddock,
David Craddock Consultancy Services; Robert Postlethwaithe,
Postlethwaite & Co; Sara Cohen, Lewis Silkin; Alan Judes, Strategic
Remuneration; David Pett, David Pett & Co. and a speaker from MM
& K.
UK Regional Event
26 November 2009
Taking Stock Now
is the time for companies operating global equity plans to take stock
and consider the challenges ahead. Join us at the 2009 UK Regional
Meeting, where GEO Award-winning companies will present case studies on
their state of the art plans and industry experts will give their views
on the key current topics for global equity plan professionals.
The agenda will include the following sessions:
2009 Budget Issues & Deferred Compensation - Lindsey Doud
of RBC cees will lead a panel
discussing the impact of the UK tax environment and the 2009 Budget on
the design and operation of deferred and longer term compensation
plans. Panelists will include Alan Judes of Strategic Remuneration and Judith Greaves of Pinsent Masons.