The Total Rewards & Executive Compensation department of the firm boasts an extensive knowledge of the most recent remuneration practices in both Spanish and international markets, as well as experience in the interpretation and implementation of the various regulations which are applicable in relation to remunerations.
In specific reference to the financial sector, Merit Consultores has taken part in numerous projects in the field of remunerations and corporate governance in credit institutions, investment firms, fund management companies and insurance companies:
Central and independent review of the remuneration policy.
Design and devising of risk-adjusted remuneration policies, including payment in instruments.
Specific training courses on remunerations and appointments in regulated sectors.
Devising of policies to determine the identified staff and support financial entities in the identification process of the aforementioned identified staff.
Selection, succession and diversity policies in governing bodies.
Design or redesign of variable remuneration systems to ensure that these comply with the applicable regulations (CRD package, MiFID II, among others).
Suitability policies for directors and key personnel.
Devising of policies and processes to assess the suitability of governing bodies as a whole and the way in which they are run.
We help our clients to implement sound corporate governance principles and remuneration policies in line with the company’s strategy, while ensuring these comply with the regulations in force