HSBC 2012 Annual Report Download - page 369

367
Overview Operating & Financial Review Corporate Governance Financial Statements Shareholder Information
The emoluments of the five highest paid employees were within the following bands:
Number of
5 highest paid
employees
£3,800,001 – £3,900,000 ........................................................................................................................................................ 1
£4,600,001 – £4,700,000 ........................................................................................................................................................ 1
£4,800,001 – £4,900,000 ........................................................................................................................................................ 1
£7,000,001 – £7,100,000 ........................................................................................................................................................ 1
£7,400,001 – £7,500,000 ........................................................................................................................................................ 1
Remuneration of eight highest paid senior executives (members of the GMB, but not Directors of HSBC Holdings)
Employee
1 2 3 4 5 6 7 8
£000 £000 £000 £000 £000 £000 £000 £000
Fixed
Cash based ..................... 650 632 650 650 650 650 851 488
Total fixed ...................... 650 632 650 650 650 650 851 488
Annual incentive1
Cash ............................... 955 331 262 340 277 272 227 180
Non-deferred shares2...... 955 331 262 340 277 272 227 180
Deferred cash3 ................ 1,433 496 393 510 415 407 341 270
Deferred shares3.............. 1,433 496 393 510 415 407 341 270
Total annual incentive ... 4,776 1,654 1,310 1,700 1,384 1,358 1,136 900
Long-term incentive
plan (GPSP)
Deferred shares .............. 1,560 1,517 1,560 1,040 780 780 681 976
Total variable pay .......... 6,336 3,171 2,870 2,740 2,164 2,138 1,817 1,876
Total remuneration ........ 6,986 3,803 3,520 3,390 2,814 2,788 2,668 2,364
US$000
Total remuneration ......... 11,070 6,026 5,578 5,372 4,459 4,418 4,228 3,746
1 Annual incentive in respect of performance year 2012.
2 Awards vested, subject to a six month retention period.
3 Awards vest 100% after five years subject to the successful completion of the Deferred Prosecution Agreements and subject to the terms
of the Plan.