Rentokil Initial plc

Company characteristics

Assessed report publication year
Financial year end 31/12/23
Sector Industrials
Head office United Kingdom
Primary listing London Stock Exchange
GBP market cap 11,119,355,813
Net profit margin 7.09%
CEO tenure 10.2 years
Employee count 63,551
FRF draft assessment response Yes

Reward scrutiny

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

Remuneration policies

Remuneration committee 100% independent Yes 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 Yes

Reward outcomes

CEO total pay (GBP) 3,339,900 CEO total pay change -5.4%
CEO pay ratio (to median employee) 123:1 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 50.11%
Gender pay gap (mean data) RENTOKIL INITIAL UK LTD: -9% RENTOKIL INITIAL 1927 PLC: 12.1% Gender pay (women % in top quartile) 35.20%
Ethnicity pay gap (disclosure) No Total dividend (GBP) 220,000,000