HSBC 2015 Annual Report Download - page 323

HSBC HOLDINGS PLC
321
Strategic Report Financial Review Corporate Governance Financial Statements Shareholder Information
Deferred remuneration1
2015 2014
Senior
manage-
ment
MRTs
(non-senior
manage-
ment) Total
Senior
manage-
ment
MRTs
(non-senior
manage-
ment) Total
$m $m $m $m $m $m
Deferred remuneration at 31 December
Outstanding, unvested 254.9 591.8 846.7 270.2 691.8 962.0
Awarded during the year 67.3 286.5 353.8 112.6 353.8 466.4
Paid out2 73.6 408.8 482.4 33.9 210.3 244.2
Reduced through malus
–
–
–
–
–
–
1 This table provides details of actions taken during the performance years 2014 and 2015. For details of variable pay awards granted for the
performance years 2014 and 2015, please refer to both the Remuneration tables above.
2 Vested shares are valued using share price as at day of vesting.
Sign-on and severance payments
2015 2014
Senior
manage-
ment
MRTs
(non-senior
manage-
ment) Total
Senior
manage-
ment
MRTs
(non-senior
manage-
ment) Total
Sign-on payments1
Made during year ($m)
–
14.0 14.0 1.9 2.6 4.5
Number of beneficiaries
–
22 22 1 5 6
Severance payments2
Awarded and paid during year ($m)
–
0.9 0.9
–
4.1 4.1
Number of beneficiaries
–
6 6
–
13 13
Highest such award to single person ($m)
–
0.3 0.3
–
0.5 0.5
1 Guaranteed variable pay awards granted to new hires and limited to their first year of service.
2 Represents non-standard termination payments made in excess of any local policies, standards or statutory amounts.
Material risk takers’ remuneration by band1
Number of 2015 MRTs Number of 2014 MRTs
Senior
manage-
ment
MRTs
(non-senior
manage-
ment) Total
Senior
manage-
ment
MRTs
(non-senior
manage-
ment) Total
€0
–
€1,000,000 29 827 856 29 829 858
€1,000,001
–
€1,500,000 11 236 247 20 150 170
€1,500,001
–
€2,000,000 19 71 90 10 54 64
€2,000,001
–
€2,500,000 9 38 47 13 23 36
€2,500,001
–
€3,000,000 7 15 22 10 12 22
€3,000,001
–
€3,500,000 8 11 19 6 7 13
€3,500,001
–
€4,000,000 4 3 7 3 3 6
€4,000,001
–
€4,500,000 2 2 4 2 1 3
€4,500,001
–
€5,000,000 4 4 8 2 1 3
€5,000,001
–
€6,000,000 5 1 6 1
–
1
€6,000,001
–
€7,000,000 1
–
1
–
–
–
€7,000,001
–
€8,000,000
–
–
–
1
–
1
€8,000,001
–
€9,000,000 1
–
11
–
1
€9,000,001
–
€10,000,000 1
–
1
–
–
–
1 Table prepared in euros in accordance with Article 450 of the Capital Requirements Regulation, using the rates published by the European Commission
for financial programming and budget for December of the reported year as published on their website.