Warning

The content on this page has been converted from PDF to HTML format using an artificial intelligence (AI) tool as part of our ongoing efforts to improve accessibility and usability of our publications. Note:

  • No human verification has been conducted of the converted content.
  • While we strive for accuracy errors or omissions may exist.
  • This content is provided for informational purposes only and should not be relied upon as a definitive or authoritative source.
  • For the official and verified version of the publication, refer to the original PDF document.

If you identify any inaccuracies or have concerns about the content, please contact us at [email protected].

People Committee Terms of reference

People Committee - terms of reference

1. Role and responsibilities

1.1 The purpose of the People Committee (Committee) is to:

  1. support the Executive in providing strategic oversight on people and workforce related matters.
  2. provide strategic direction on succession planning, remuneration, talent management, staff welfare, and training and development, and
  3. perform the specific functions set out in the schedule to these terms of reference.

1.2 In addition to these terms of reference, members of the Committee must adhere to the General Committee Terms contained in the FRC Governance Handbook.

2. Membership

2.1 The Committee shall comprise exclusively of all non-executive members of the FRC's Board (Board).

3. Meetings

3.1 The Committee shall meet at least twice a year.

Schedule of responsibilities and delegated tasks

| No. | Responsibility |:--------|:----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- The original PDF content has been removed to meet the user's instructions. Please provide the actual PDF content for conversion.The PDF document's content appears to describe the "People Committee" of the FRC, outlining its terms of reference, roles, responsibilities, membership, meetings, and a detailed schedule of delegated tasks related to appointments, remuneration, people policy, talent management, conflict management, and other responsibilities.

``` People Committee - terms of reference

1. Role and responsibilities

1.1 The purpose of the People Committee (Committee) is to:

  1. support the Executive in providing strategic oversight on people and workforce related matters.
  2. provide strategic direction on succession planning, remuneration, talent management, staff welfare, and training and development, and
  3. perform the specific functions set out in the schedule to these terms of reference.

1.2 In addition to these terms of reference, members of the Committee must adhere to the General Committee Terms contained in the FRC Governance Handbook.

2. Membership

2.1 The Committee shall comprise exclusively of all non-executive members of the FRC's Board (Board).

3. Meetings

3.1 The Committee shall meet at least twice a year.

Schedule of responsibilities and delegated tasks

No. Responsibility
1. Appointments and Remuneration
1.1 Support the Chair of the Board and the Department of Business and Trade (DBT) (or its successor) in the recruitment and appointment of non-executive members to the Board, including the development of job specifications.
1.2 Approve (re)appointments, removal, and terms of appointment of
  1. Senior Advisors, 1
  2. members of the Appointment Committee,
  3. members of the Enforcement Committee Panel, and
  4. the Convener.
1.3 Set the remuneration of:
  1. Senior Advisors,
  2. members of the Appointment Committee,
  3. members of the Enforcement Committee Panel,
  4. the Convener,
  5. the Tribunal Secretary,
  6. the Tribunal Panel and Appeal Panel; and
  7. the Independent Sanctions Tribunal (CDRASP and ARSP).
1.4 Approve amendments to the Tribunal and Appeal Panel Terms of Appointment.
1.5 Keep under review, and make recommendations to DBT on the remuneration paid to the non-executive members of the Board (including the Chair).
1.6 Approve annually the total individual remuneration package of the CEO and the members of the Executive Committee, subject to any approvals required under the public sector pay controls. Additionally, approve the remuneration package of any member of the Executive Committee, prior to the commencement of recruitment.
1.7 Monitor the submission of the annual staff remuneration review to DBT.
2. People Policy and Talent Management
2.1 Consider annually the succession plans of the Executive Committee and non-executive members to the Board.
2.2 Receive updates from the Chief People Officer regarding people matters, including the FRC's Diversity and Inclusion Strategy and consideration of the annual people survey results and any action plans.
2.3 Appoint a non-executive member of the Board to lead the Board's ongoing engagement with staff.
3. Conflict management
3.1 Review bi-annually the gifts and hospitality register of Exco and Board members prior to publication.
3.2 Approve amendments to the FRC's Conflict of Interest and Gifts and Hospitality Policies.
3.3 Review bi-annually the disclosed interests and external appointments of the non-executive members of the Board, the members of the Executive Committee and Senior Advisors, and consider whether those interests and/or external appointments may impede the impartiality, objectivity or commitment of those individuals in carrying out their respective FRC roles.
3.4 Refer any conflict of interest concerns in respect of members of the Board to DBT, if appropriate.
3.5 Receive notification if any member of the Board becomes the subject of a disciplinary sanction by any professional or other body or tribunal, or is found guilty of an offence by any court, declared bankrupt, enters into an arrangement with creditors, or is disqualified from acting as a director.
4. Other responsibilities
4.1 Review and approve recommendations for any major changes to the FRC's Pension arrangements.
4.2 Approve any significant changes to the staff benefits package and related policies.

Approved by the Board with effect from 23 June 2026

  1. The FRC's Executive and Board Committees are assisted by individual Senior Advisors who are subject matter experts. The Senior Advisors provide advice, feedback and mentoring and act as sounding boards for ongoing issues and topics. ``` ↩

File

Name People Committee Terms of reference
Publication date 03 July 2026
Format PDF, 632.5 KB
Download original
Back to top