The ETI Board
Governance of the ETI
| 1 | Purpose |
| 1.1 | The purpose of this paper is to document the role, constitution and duties of the Remuneration Sub-committee of the ETI Board. |
| 2 | Role |
| 2.1 | The role of the Remuneration Sub-committee of the ETI Board is to set and agree levels of remuneration and benefits for the ETI Chair and all ETI employees. |
| 3 | Constitution |
| 3.1 | The Remuneration Sub-committee will be comprised of one corporate, one trade union and one NGO Director of the ETI Board and the ETI Chair. |
| 4 | Duties |
| 4.1 | To agree annual cost of living increase for ETI employees |
| 4.2 | To agree any changes to terms and conditions of all ETI employees |
| 4.3 | 4.3 Where matters regarding the remuneration of the Chair are to be considered, the Remuneration Sub-committee is required to put its recommendations to the full Board for approval. |
| 5 | Conflicts of interest |
| 5.1 | Where matters regarding the remuneration of the Chair are considered, the Remuneration Sub-committee will convene without the ETI Chair. |
| 5.2 | Should any ETI Board member have any conflict of interest concerning ETI’s Remuneration Policy, they will declare that conflict of interest and will absent themselves from any discussion or decision on these matters in the Sub-committee or ETI Board. |
Ends
Approved by ETI Board 1 December 2005.
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