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PRZOOM - /newswire/ -
London, United Kingdom, 2010/07/20 - The 10th annual PRPi Consulting asset management Remuneration ROI Survey was published on 15th July.
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The survey tracks key remuneration ratios and compares compensation practices in asset management that allows Remuneration Committees and senior managers to gauge whether they are getting good value for their remuneration spend.
A summary of key results are to be featured in FTfm on 19th July.
Richard Parkhouse, Managing Director of PRPi Consulting said: “There are worrying signs for the asset management industry in this year's report. It looks like the sector has returned to "business as usual" on employee remuneration at a time when revenues and profits are under increasing pressure. To make matters worse some asset managers are bowing to pressure to "de-leverage" bonus payments for key people - this means increasing salaries at a time when fixed costs need to be controlled even more. The industry is also facing the prospect of further EU regulation on remuneration so there are some challenging issues to be addressed.”
About PRPi Consulting Limited
Richard Parkhouse established PRPi Consulting Limited in November 1998. PRPi Consulting (prpiconsulting.com) works with clients to resolve employee performance and remuneration issues in the asset management sector. Richard Parkhouse is Managing Director of PRPi Consulting; in addition to his consulting activities he is also a regular international speaker on asset management remuneration issues.
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Agency / Source: PRPi Consulting Ltd
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Contact: Richard Parkhouse - PRPiconsulting.com
+44(0)20 7464 4280 info[.]prpiconsulting.com
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