Consultation on Directors' Severance Compensation: More Information

• Authors:
• Simon Jeffreys
• Anthony Fincham

On 3 June, the Trade and Industry Secretary Patricia Hewitt launched a new consultation exercise examining Directors' severance compensation [reported on the Workplacelaw Network, 'Consultation on Directors' Compensation and Severance', 6 June 2003]. This concentrates on directors' contracts, performance and severance payments.

In particular, the consultation document, 'Rewards For Failure', seeks views on whether - and if so what – further measures are needed to ensure that compensation r... (570 more words)

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