Key elements of short- and long-term remuneration
The principal elements of WPP executive remuneration currently comprise the following:
- base salaries and fees (fixed);
- short-term incentives paid in both cash and shares which vest in the medium-term of two years (variable); and
- long-term incentives paid in shares (variable, and in certain instances, subject to both co-investment and performance conditions).
Pension contributions, life assurance, health and disability, and other benefits are also provided.