Partners’ remuneration
Remuneration Committee
The Remuneration Committee, which is a subcommittee of the
Partnership Committee, is responsible for setting the remuneration
framework applicable to the CEO, dependent upon the achievement of
predetermined objectives.
Members’ remuneration
The firm’s profits are distributed either as a fixed profit
share or in accordance with members’ profit sharing units, which
are allocated depending on role and assessed ability, and by
reference to members’ and teams’ performances having regard to
areas such as financial performance, client service, risk
management, technical performance and the upholding of ethical and
independence standards.
Audit partners are remunerated by reference to the complexity,
risk and quality of the work for which they are responsible, in
addition to a number of other criteria. Audit partners are not
remunerated by reference to non-audit services sold to their audit
clients.