WPP plc
Company characteristics
| Assessed report publication year | |
|---|---|
| Financial year end | 31/12/22 |
| Sector | Consumer Discretionary |
| Head office | United Kingdom |
| Primary listing | London Stock Exchange |
| GBP market cap | 8,783,828,087 |
| Net profit margin | 5.37% |
| CEO tenure | 4.3 years |
| Employee count | 114,129 |
| 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) | 6,682,000 | CEO total pay change | 75.89% |
|---|---|---|---|
| CEO pay ratio (to median employee) | 118:1 | Percentage point increase in maximum variable remuneration | — |
| Pension award parity between CEO and wider workforce | |
Pay of the next highest exec compared to CEO | 65.72% |
| Gender pay gap (mean data) | Total: 23.2% Essence Global Group Limited: 23.1% GroupM UK Limited: 14.0% Hill & Knowlton Limited: 10.5% Hogarth Worldwide Limited: 18.3% MediaCom Holdings Limited: 24.6% Mindshare Media UK Limited: 26.2% Ogilvy & Mather Group (Holdings) Limited: 29.4% Salmon Limited/Wunderman Thompson Commerce: 25.6% Wavemaker Limited16.5% WPP 2005 Limited: 23.0% WPP Brands (UK) Limited: 22.1% Wunderman Thompson UK Limited: 22.6% | Gender pay (women % in top quartile) | 42% |
| Ethnicity pay gap (disclosure) | |
Total dividend (GBP) | 421,949,313 |