Korn Ferry support 2024-25 - audit and assurance of the LTIP, STIP and PCH bonus

Carry out an independent audit and assurance of the outcomes of our incentive schemes within NRS Sites and NRS Dounreay. It includes an audit and assurance of the LTIP, STIP and PCH bonus and incentive targets and the final outcomes including reviewing the evidence files associated with the achievement of the targets and the final payment against those targets.

Work required to be completed is: -

- Review of initial findings, context and discussions with HR / Rem Co process and outcomes - Review of evidence - measure by measure (with follow ups for clarification) - Interim draft / reviews with Chief People Officer on status and gaps - Production of paper for Rem Co with recommendations on bonus out-turn - Presentation at Rem Co and completion of work by end of June