25 Mar 2010

Invensys LTIP

The company uses a bespoke comparator group of the Standard & Poors Global 1200 Capital Goods Index.  However, outliers are excluded when calculating TSR, an equal number above and below the median.  The remuneration consultant then calculates what would be deemed upper quartile performance.  This was deemed to be 30% above the index for 2009 / 10 awards reduced to 25%.