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Exact(2)
Information about individuals' employment and earnings is drawn from the CEEDD, a dataset that combines the annual T4 Statement of Remuneration Paid file, the T1 Personal Master File, and firm-level data from the Longitudinal Employment Analysis Program LEAPP).
The LWF is an annual administrative dataset from 1983 onwards and contains a 10% random sample of Canadians who either filed a tax return (T1 form) or received a statement of remuneration (T4 form).
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Since October 2011 this financial incentive has been extended to all practices in Scotland through the Statement of Dental Remuneration.
During the year ending March 2002, GDPs within the General Dental Service in Scotland carried out 1,376,500 simple scale and polishes (Item 10a; Statement of Dental Remuneration) at a total cost, to health boards and patients, of £13,874,109.
If shareholders had to be given a statement of whether the remuneration was compliant or not in the voting papers at the AGM, it would concentrate the directors' minds.
BP said in a statement that the remuneration of directors was "closely aligned with both the long-term performance of the company and the interests of shareholders".
Cable has, however, ducked the issue of remuneration committee reform.
Aviva said in a statement that it was in touch with some of its shareholders, and that their concerns "mainly centered on how we structure the compensation paid when we recruit executive directors and whether overall levels of remuneration, driven by the operating performance in 2011, appropriately reflect changes in shareholder value through the year".
A spokesman said: "Pirc is concerned about the general level of remuneration and some of the remuneration structures at large companies and we will continue to oppose excessive remuneration policies".
"We've all hidden behind formulae" to calculate the level of remuneration instead of having "enough faith in remuneration committee members to apply their judgment," Mr. Lee said.
It also says that minutes of remuneration committees should be publicly available, while institutions should have staff and student representatives on every remuneration committee.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com