There are a number of other issues relating to directors’ remuneration which a company should consider. These are:
Legal: what are the legal implications of the company/director relationship in terms of remuneration, especially when things go wrong?
Ethical: what ethical considerations should a company have in setting directors’ remuneration?
Competitive: how does a company remain competitive and ensure that they attract good quality directors?
Regulatory: what are the regulatory requirements that a company should adhere to in relation to its directors’ remuneration?