Crichton & Associates

Crichton & Associates provides Executive Remuneration and Board Pay advice, serving Australian boards and ASX listed companies from its Bondi Junction, Sydney office.

• Specialises in remuneration strategy, benchmarking assessments for board and key management personnel pay against audited market data, and documentation supporting fair and reasonable compensation decisions in today’s governance environment.
• Designs short-term and long-term incentive plans tailored to ensure variable remuneration aligns with company performance cycles and executive retention objectives.
• Advises on employee share scheme design, addressing design issues including participation scope, performance conditions, tax treatment (income tax, FBT, payroll tax), securities law, ASX listing rules, and employment law implications.
• Reviews employment contracts for remuneration content, analysing fixed remuneration, STI opportunity and mechanics, LTI determination, contract term, and termination benefits across all employment scenarios.

Best for: Boards of ASX listed and larger private companies requiring expert guidance on setting executive pay strategy, designing variable incentive plans, and navigating shareholder communication and proxy adviser expectations.

Crichton & Associates provides Long-Term Incentive Design, addressing the complex framework of employee share scheme awards, taxation, governance and securities law.

• Designs employee share schemes to align executive and employee interests with company growth, determining participation scope, vesting schedules, performance conditions, and dilution limits.
• Navigates long-term incentive documentation including fair value assessment under accounting standards (Black-Scholes and Monte Carlo models), expensing over vesting periods, and reconciliation with ASX records and remuneration reports.
• Addresses tax, FBT, payroll tax, securities law and ASX listing rule implications specific to each scheme design.

Best for: Boards designing equity or share-based compensation arrangements that require expert navigation of design, accounting, taxation and regulatory compliance.