One improving area of executive remuneration disclosure we monitor is recruitment policy . . .

. . . and, in particular, buyout payments to newly-appointed directors:

Halford's, for example, began paying awards to its new female CEO in a number of tranches in February 2016. The final value will be £529,819.
Similarly, ICAP's new finance director received two compensatory awards both worth around £900k for forfeited deferred and LTIP awards.
Electrocomponents' new CEO was paid £1,078,433 in shares subject to continued service and satisfaction that the amount truly reflects lost pay.
AVIVA's new finance director was paid a buyout award on a strict like-for-like basis to replace deferred shares forfeited worth £1 million.
And BAE System's new COO received compensatory awards – a cash payment of £1,620,000 and a one-off performance shares equal to 266% of salary.