Spirax-Sarco Engineering plc
Company characteristics
| Assessed report publication year | |
|---|---|
| Financial year end | 31/12/24 |
| Sector | Industrials |
| Head office | United Kingdom |
| Primary listing | London Stock Exchange |
| GBP market cap | 5,057,348,090 |
| Net profit margin | 11.49% |
| CEO tenure | 1 years |
| Employee count | 9,910 |
| 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) | 1,383,000 | CEO total pay change | 20.33% |
|---|---|---|---|
| CEO pay ratio (to median employee) | 31:1 | Percentage point increase in maximum variable remuneration | — |
| Pension award parity between CEO and wider workforce | Pay of the next highest exec compared to CEO | — | |
| Gender pay gap (mean data) | 4.90% | Gender pay (women % in top quartile) | 29% |
| Ethnicity pay gap (disclosure) | Total dividend (GBP) | 121,730,479 |