Bonus and incentives

Create bonus schemes and LTIPs that align reward with performance and sustainable value creation. 

A well-structured executive package aligns pay with performance.  This is good practice and also a requirement of many regulations such as the UK Corporate Governance Code, Remuneration Code and Solvency II.  Whether cash or share based, or operating over the short, mid or long term, variable pay is a significant aspect in the executive package.  Despite this, schemes are often complex, misunderstood, and poorly linked with performance.

We are experts in designing variable pay schemes for executives.    As an independent third party we can engage with stakeholders and participants to establish honest feedback and clear business requirements.   We guide you through the design process in straightforward steps, and ensure your decisions are well thought-through and challenged as appropriate.  That way we create well-designed and affordable schemes that attract and motivate the talent required and drive performance.

Box with things exploding out of it

Recent client projects:

  • Worked with the Remuneration Committee of an insurance firm to design an LTIP aligned to the transformation plan
  • Created a participant booklet including terms and conditions for an executive bonus

Please call us or submit the contact form below to discuss further.

Our feedback

Samantha Gee guided us through a major review of the bonus system we use for our Senior Executive Team. As a result we have been able to put in place a more considered structure that has the support of both the Board and the Executive Team. Her advice on this was invaluable.

- Nick Hutton, Vice Chairman & Chair of RemCo (NED), Westfield Health

We worked with Sam Gee on our executive bonus structure and her experience supported us to align pay to performance.  Sam guided us through the process to ensure we created a simple but effective framework which drives high performance which is always affordable.  The agreed bonus structure enables us to drive executive performance towards our key organisational goals, including our outrageous ambition.  Sam took time to understand [our business] and delivered a bespoke solution.

- David Grailey, CEO, NCFE

We’ve had some great feedback internally on the bonus review that Verditer completed.  In particular, their help in scoping what is feasible for a cash-based LTIP meant we could explore all the options and have confidence in our decision.  Their presentation was clear and the level of detail provided means we have what we need to now take it all forward. 

- Kay Lejeune, Director of People and Culture, Natural Power