Testimonials
I W Norris
Chief Executive Officer
RACQ Insurance Limited
Greg Brogan and the team at Executive Pay Systems were recommended to RACQ Insurance by one of our joint venture partners as an organisation that could improve the strategic effectiveness of our remuneration arrangements. Executive Pay Systems was asked to analyse our business and current plans and suggest to the Board how our approach to remuneration might be adjusted. We needed this work done for several reasons but, most of all, we needed to ensure that remuneration contributed to performance improvement across the company so our shareholders received added value.
I am very pleased with the work done by Greg and the team at Executive Pay Systems. They quickly developed an in depth understanding of what is a complicated insurance business and suggested a sophisticated approach that was ultimately easy for participants to understand. Their plans were designed, tested, presented to and approved by the Board well within the stipulated time frame.
Our remuneration plans now more effectively support the performance message at RACQ Insurance which, in turn, is more clearly communicated to and understood by our employees. The remuneration of our executives and middle management, in particular, is now specifically linked to the contribution they and their divisions make to the achievement of the corporate goals.
I am very happy to recommend Executive Pay Systems as a team of innovative strategic remuneration practitioners who deliver on their promise to improve corporate performance through remuneration.
