Pearson plc

Company characteristics

Assessed report publication year
Financial year end 31/12/23
Sector Consumer Discretionary
Head office United Kingdom
Primary listing London Stock Exchange
GBP market cap 6,702,527,153
Net profit margin 10.34%
CEO tenure 3.2 years
Employee count 18,360
FRF draft assessment response No

Reward scrutiny

Living wage accredited Yes Living wage (calculation for operating regions) No
Living hours accredited No Tax reporting (GRI 207) Yes

Remuneration policies

Remuneration committee 100% independent No Remuneration committee discretion applied No
Director from workforce No Trade union relations (disclosure) No
Worker consultation on top pay (disclosure) No 80%+ shareholder support on pay No

Reward outcomes

CEO total pay (GBP) 11,008,080 CEO total pay change 57.06%
CEO pay ratio (to median employee) 210:1 Percentage point increase in maximum variable remuneration
Pension award parity between CEO and wider workforce Yes Pay of the next highest exec compared to CEO 26.46%
Gender pay gap (mean data) 15% Gender pay (women % in top quartile) 47.00%
Ethnicity pay gap (disclosure) Yes Total dividend (GBP) 156,000,000