The Hindu Business Line : Hay Group to conduct study on pay packages of top executives

HAY Group, a human resources management consultancy firm, is launching a six-month study on top executive compensation practices in the Asia-Pacific region.

According to a press release, the study will cover more than 500 companies with either market capitalisation or revenue of at least $750 million. Countries covered include India, China, Hong Kong, Malaysia, Singapore, Australia and Indonesia.

In India, the Group will analyse top executive pays in over 100 companies and analyse issues such as how executive pay is decided, the structure of base salaries and bonuses, service contracts, executive benefits, long-term and annual incentive plans and the role and remuneration of non-executive directors.

Hay Group has previously done a similar study in Europe and analysed the pay of 1,656 executives in 203 listed companies across 13 countries.

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