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 |
4,874,716,000 |
Net profit margin |
8.67% |
CEO tenure |
7.2 years |
Employee count |
12,063 |
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 |
|
Remuneration committee discretion (direction) |
|
Director from workforce |
|
Trade union relations (disclosure) |
|
Worker consultation on top pay (disclosure) |
|
80%+ shareholder support on pay |
|
Reward outcomes
CEO total pay (GBP) |
2,774,255 |
CEO total pay change |
10.42% |
CEO pay ratio (to median employee) |
57:1 |
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) |
Weir Group: -7% |
Gender pay (women % in top quartile) |
30.00% |
Ethnicity pay gap (disclosure) |
|
Total dividend (GBP) |
997,424,00 |