Principle 8 – Remunerate fairly and responsibly
The ASX Corporate Governance Council states that a company should “pay director remuneration sufficient to attract and retain high quality directors and design its executive remuneration to attract, retain and motivate high quality senior executives and to align their interests with the creation of value for security holders.”
The People and Organisation Committee review OrotonGroup remuneration policies and strategies including specific remuneration structures, levels and performance criteria for the Managing Director and Executive Team. For more details in respect of the Remuneration Committee, see Principle 2 of this Corporate Governance Statement.
The Remuneration Report discloses the Directors’, Non-Executive Directors’ and Key Management Personnel remuneration, benefits, incentives and allowances where relevant.