In the course of its deliberations, the committee has considered the views of the group chief executive on the remuneration and performance of his reports on the executive committee. The group secretary, the group human resources director and the group head of compensation and benefits have also provided information to the committee relating to the co-ordination of global pay policies, expatriate and local pay for international deployments and equity usage through share incentive plans.
The committee reviewed the appointment of Mercer Human Resource Consulting (Mercer) as its independent adviser and decided to continue to employ Mercer to provide independent market information and remuneration advice on an ongoing basis. Mercer also provides advice to the company on pensions and risk matters.
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