Savills directors take home £4m in 2016
Savills’ two executive directors were paid £4m last year as chief executive Jeremy Helsby’s total pay fell 2.6% to £2.2m, according to the company’s annual report.
Helsby and Simon Shaw, chief financial officer at Savills, saw their base salaries rise 3.1% and 2.9% last year, although Helsby’s performance-related profit share fell 1.9%.
Excluding benefits and long-term rewards, Helsby earned 96% of his maximum remuneration last year and Shaw earned 99% of his.
Savills executive director remuneration (£)
|
Jeremy Helsby |
|
Simon Shaw |
|
|
2016 |
2015 |
2016 |
2015 |
| Salary |
275,000 |
266,667 |
210,000 |
204,167 |
| Benefits |
11,055 |
10,885 |
11,216 |
11,216 |
| Pension – contribution |
38,500 |
40,958 |
37,800 |
36,750 |
| Pension – defined benefit deferred pension |
– |
29,213 |
|
|
| Annual profit share- cash |
1,314,800 |
1,340,000 |
1,040,000 |
1,040,000 |
| Annual profit share -deferred shares |
598,200 |
610,000 |
435,000 |
425,000 |
| Total |
2,237,555 |
2,297,723 |
1,734,016 |
1,717,133 |
Combined totals (£)
|
2016 |
2015 |
Change |
| Salary |
485,000 |
470,834 |
3.0% |
| Benefits |
22,271 |
22,101 |
0.8% |
| Pension – contribution |
76,300 |
77,708 |
-1.8% |
| Pension – defined benefit deferred pension |
|
29,213 |
-100% |
| Annual profit share- cash |
2,354,800 |
2,380,000 |
-1.1% |
| Annual profit share -deferred shares |
1,033,200 |
1,035,000 |
-0.2% |
| Total |
3,971,571 |
4,014,856 |
-1.1% |
Savills’ two executive directors were paid £4m last year as chief executive Jeremy Helsby’s total pay fell 2.6% to £2.2m, according to the company’s annual report.
Helsby and Simon Shaw, chief financial officer at Savills, saw their base salaries rise 3.1% and 2.9% last year, although Helsby’s performance-related profit share fell 1.9%.
Excluding benefits and long-term rewards, Helsby earned 96% of his maximum remuneration last year and Shaw earned 99% of his.
Savills executive director remuneration (£)
Jeremy Helsby
Simon Shaw
2016
2015
2016
2015
Salary
275,000
266,667
210,000
204,167
Benefits
11,055
10,885
11,216
11,216
Pension – contribution
38,500
40,958
37,800
36,750
Pension – defined benefit deferred pension
–
29,213
Annual profit share- cash
1,314,800
1,340,000
1,040,000
1,040,000
Annual profit share -deferred shares
598,200
610,000
435,000
425,000
Total
2,237,555
2,297,723
1,734,016
1,717,133
Combined totals (£)
2016
2015
Change
Salary
485,000
470,834
3.0%
Benefits
22,271
22,101
0.8%
Pension – contribution
76,300
77,708
-1.8%
Pension – defined benefit deferred pension
29,213
-100%
Annual profit share- cash
2,354,800
2,380,000
-1.1%
Annual profit share -deferred shares
1,033,200
1,035,000
-0.2%
Total
3,971,571
4,014,856
-1.1%
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