Graven Hill Village Development Company (GHVDC) - Bonus Scheme 2024/25 Update
Exempt report of the Shareholder Representative
Additional documents:
Decision:
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.
Minutes:
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.