M&G plc
Company characteristics
Assessed report publication year | |
---|---|
Financial year end | 31/12/23 |
Sector | Financials |
Head office | United Kingdom |
Primary listing | London Stock Exchange |
GBP market cap | 5,267,864,449 |
Net profit margin | 2.89% |
CEO tenure | 1.2 years |
Employee count | 8,145 |
FRF draft assessment response |
Reward scrutiny
Living wage accredited | Living wage (calculation for operating regions) | ||
---|---|---|---|
Living hours accredited | Tax reporting (GRI 207) |
Remuneration policies
Remuneration committee 100% independent | Remuneration committee discretion applied | ||
---|---|---|---|
Director from workforce | Trade union relations (disclosure) | ||
Worker consultation on top pay (disclosure) | 80%+ shareholder support on pay |
Reward outcomes
CEO total pay (GBP) | 2,745,000 | CEO total pay change | -59.19% |
---|---|---|---|
CEO pay ratio (to median employee) | 28:1 | Percentage point increase in maximum variable remuneration | — |
Pension award parity between CEO and wider workforce | Pay of the next highest exec compared to CEO | 62.14% | |
Gender pay gap (mean data) | M&G plc all entities: 28.5% M&G FA ltd: 32.2% Prudential Distribution Limited: 22.9% IFDL: 16.6% M&G Corporate Services Limited: 32.2% | Gender pay (women % in top quartile) | 29% |
Ethnicity pay gap (disclosure) | Total dividend (GBP) | 463,000,000 |