Agenda

Remuneration Committee - Wednesday 6 July 2022 10:00

Venue: Conference Rooms 1 & 2 - Palestra, 197 Blackfriars Road, London, SE1 8NJ. View directions

Contact: Shamus Kenny, Head of Secretariat; telephone: 020 7983 4913 email: [email protected]

Items
No.	Item
1.	Apologies for Absence and Chair's Announcements
2.	Declarations of Interests General Counsel Members are reminded that any interests in a matter under discussion must be declared at the start of the meeting, or at the commencement of the item of business. Members must not take part in any discussion or decision on such a matter and, depending on the nature of the interest, may be asked to leave the room during the discussion.
3.	Minutes of the Meeting of the Committee held on 10 November 2021 PDF 125 KB General Counsel The Committee is asked to approve the minutes of the meeting of the Committee held on 10 November 2021 and authorise the Chair to sign them.
4.	Matters Arising, Actions List and Use of Delegated Authority PDF 240 KB General Counsel The Committee is asked to note the updated actions list and the use of Chair’s Action.
5.	2021-22 Scorecards PDF 510 KB Commissioner The Committee is asked to note the delivery against scorecards for 2021-22. Additional documents: remcom-20220706-item05b-scorecard-outturn , item 5. PDF 194 KB
6.	Executive Committee Remuneration Benchmarking PDF 1 MB Chief People Officer The Committee is asked to note the paper and the observations on the market position for TfL executive roles identified within the report and provide direction on the Committee’s executive remuneration benchmarking requirements for 2023.
7.	Performance Reviews 2021/22 PDF 262 KB Commissioner The Committee is asked to note the paper and the exempt supplementary information on Part 2 of the agenda on the individual performance commentary for the Commissioner, Chief Officers and staff specified under the Committee’s Terms of Reference. Under the revised performance awards schemes for 2021/22 and 2022/23, TfL must achieve financial sustainability by April 2023 and run its operations free of extraordinary Government funding for revenue support to trigger payment of any awards from the schemes.
8.	Members' Suggestions for Future Discussion Items PDF 113 KB General Counsel The Committee is asked to note the forward plan and is invited to raise any suggestions for future discussion items for the forward plan and for informal briefings. Additional documents: RemCom Forward Plan , item 8. PDF 286 KB
9.	Any Other Business the Chair Considers Urgent The Chair will state the reason for urgency of any item taken.
10.	Date of Next Meeting Wednesday 9 November 2022 at 10am.
11.	Exclusion of Press and Public The Committee is recommended to agree to exclude the press and public from the meeting, in accordance with paragraphs 1, 3 and 5 of Schedule 12A to the Local Government Act 1972 (as amended), in order to consider the following items of business.
	Agenda Part 2 Papers containing supplemental confidential or exempt information not included in the related item on Part 1 of the agenda.
12.	Performance Reviews 2021/22 View the reasons why item 12. is restricted Exempt supplementary information relating to the item on Part 1 of the agenda.