Barclays 2010 Annual Report Download - page 181

Other remuneration disclosures
Five highest paid senior executive officers (excluding executive Directors)
As part of the Project Merlin agreement with the UK Government Barclays committed to disclose the 2010 remuneration of the five highest paid senior
executive officers (in addition to the executive Directors). This is shown in Table 19. The senior executive officers shown in Table 19 are considered Key
Management Personnel (i.e. those persons having authority and responsibility for planning, directing and controlling the activities of Barclays PLC
(directly or indirectly)). The remuneration of the executive Directors is shown in Table 5.
Table 19: 2010 remuneration of the five highest paid senior executive officers (excluding executive Directors)
Five highest paid senior executive officers (excluding executive Directors)
Individual 1
(£000)
Individual 2
(£000)
Individual 3
(£000)
Individual 4
(£000)
Individual 5
(£000)
Fixed remuneration 734
1,017
1,017
4,070
4,070
10,908
3,354
0
0
700
992
992
3,968
3,968
10,620
3,354
0
0
700
1,433
1,433
2,150
2,150
7,866
1,000
0
0
700
900
900
1,350
1,350
5,200
1,300
0
0
600
620
620
930
930
3,700
1,500
0
0
Variable remuneration (cash)
Variable remuneration (shares)
Deferred remuneration (Contingent Capital Plan)
Deferred remuneration (Share Value Plan)
2010 remuneration and deferred incentives
Long term incentive award (outcome contingent on future performance)
Sign-on award
Severance award
Code Staff aggregate remuneration
Pages 168 to 176 and pages 180 to 182 include information required to be disclosed in accordance with the FSA’s prudential sourcebook for banks,
building societies and investment firms (BIPRU) 11.5.18(1) to (5). The information in Tables 20 to 23 is provided in accordance with BIPRU 11.5.18(6)
and (7). A total of 231 individuals were Code Staff in 2010. Code Staff are the Group’s employees whose professional activities could have a material
impact on the Group’s risk profile.
Table 20: Aggregate 2010 remuneration of Code Staff by business
Barclays
Capital
(£m)
Barclays
Corporate
(£m)
Barclays
Wealth
(£m)
Global Retail
Banking
(£m)
Absa
(£m)
Group
Functions
(£m)
406 21 33 45 4 45
Table 21: Aggregate 2010 remuneration of Code Staff by remuneration type
Senior
management
(£m)
Other
Code Staff
(£m)
Fixed remuneration 9 53
Variable remuneration (cash) 7 79
Variable remuneration (shares) 9 68
Deferred remuneration (Contingent Capital Plan) 17 119
Deferred remuneration (Share Value Plan and ESAS) 18 125
2010 remuneration and deferred incentives 60 444
Long term incentive award (outcome contingent on future performance) 15 35
Table 22: Additional 2010 disclosures on deferred remuneration of Code Staff
Senior
management
(£m)
Other
Code Staff
(£m)
Deferred unvested remuneration outstanding at the beginning of the year 142 344
Deferred remuneration awarded in year 77 291
Deferred remuneration reduced in year through performance adjustments (45) (46)
Deferred remuneration vested in year (39) (118)
Deferred unvested remuneration outstanding at the end of the year 135 471
Table 23: Other 2010 disclosures for Code Staff
Senior
management
(£m)
Other
Code Staff
(£m)
Total sign-on awards 0 0
Total buy-out awards (five individuals) 0 3
Total severance awards (one individual) 0 0.1
Note to Table 22: There was no deferred vested remuneration outstanding at the end of the year. Code Staff are subject to a minimum shareholding guideline.
Barclays PLC Annual Report 2010 www.barclays.com/annualreport10 179
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