The need to comply with best practices recommended by proxy advisors and the CNMV good governance code in the design and implementation of incentive plans
The design and implementation of a share-based incentive plan involves three steps: an analysis of market trends; the need to comply with best practices recommended by proxy advisors and the CNMV good governance code; and preparation of all necessary legal documentation for approval by the company’s governing bodies and the shareholders’ meeting.
In order to explain the practical experience of these types of remuneration systems at the Día Group, some of the Group’s senior HR officers took part in a new session of the 11th HR Directors’ Forum in Madrid on Tuesday. Organized by Garrigues Human Capital Services, the event included speeches by Javier La Calle, Chief Resources Officer and China Executive of the Día Group; Concepción Bravo, Human Resources Director of the Día Group, and Ana Ortiz, a senior associate of Garrigues HCS.
The next event, scheduled for April 17, will focus on welfare systems for employees and executives at local companies and multinationals.