Remuneration
Remuneration philosophy
Lewis Group strives to engender a performance-oriented remuneration philosophy which fairly rewards our executives and staff for their contributions to assisting the group in achieving its strategic, financial and operational objectives.
Our remuneration policies are structured to encourage sustainable, long-term performance through the following:
- Aligning reward systems with the interests of shareholders
- Driving a performance culture
- Attracting and retaining talented individuals in the furniture retail and financial services industries
- Managing employment costs while at the same time rewarding, retaining and motivating talented executives and staff
Our focus is to continue to build a talent pool to ensure business continuity and to retain key individuals at all levels of management. Remuneration practices are regularly evaluated to ensure compliance with all legal requirements and employment practice.
More detailed information can be read in the Remuneration report in the 2010 Annual Report
Executive directors’ remuneration for 2010 reporting period
Fees paid to the non-executive directors for the 2010 reporting period
Proposed fees for the 2011 financial year