Decision Maker: Shareholder Committee
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: Yes
The committee considered an exempt report from the Shareholder Representative, which provided further information on the principles of Graven Hill Village Development Company’s bonus scheme for 2024/25.
Resolved
(1) That the principles of the Bonus Scheme for 2024/25 as detailed within the report within the agreed parameters be noted.
(2) That the Terms of Reference for the Remuneration Committee be noted.
(3) That a further report, setting out the details of the proposed bonus scheme for 2024/25 be presented to the Shareholder Committee at its June 2024 meeting, which will include the details of the KPIs on which bonus payments will be based be noted.
Reason Key: Significant Effect on communities in two or more wards;
Reason No Public Access: Paragraph 3 of schedule 12A in Local Government Act 1972
Contact: Stephen Hinds, Corporate Director Resources and Transformation Email: stephen.hinds@cherwell-dc.gov.uk Tel: 01295 221620.
Report author: Stephen Hinds
Publication date: 19/03/2024
Date of decision: 13/03/2024
Decided at meeting: 13/03/2024 - Shareholder Committee
Effective from: 23/03/2024