menu search 238.20p Executive Directors' remuneration In setting the overall remuneration policy, general trends and average increases throughout the Group are taken into account when setting executive Directors' reward packages. The Committee, on behalf of the Board, determines the remuneration packages of the executive Directors of the Company and the Group Chair and the Company's remuneration policy. In setting the remuneration policy, the Committee takes into account a number of factors, including: general trends in pay and conditions throughout the Group. the positioning of remuneration levels against the external market - the Committee is, however, aware of the risk of an upward ratchet in remuneration levels through over-reliance on comparative survey data. the balance between fixed and variable pay - more specifically, variable pay should form a significant but not disproportionately high level of remuneration. the strategy of the business. In setting the overall remuneration policy, general trends and average increases throughout the Group are taken into account when setting executive Directors' reward packages. A key feature for the executive Directors is that a higher proportion of their remuneration package is delivered through performance related pay, which has a greater linkage to the results of the Group. Further details of the Executive Directors' remuneration can be found in the Remuneration section of the pages 134-150 of the 2020 Annual Report. These include basic salaries, annual and long-term incentive arrangements, external appointments and more. Back to top Share this page Facebook Twitter LinkedIn Balfour Beatty plc is registered in England as a public limited company Registered No: 395826 Registered Office: 5 Churchill Place, Canary Wharf, London E14 5HU Find a contact © Balfour Beatty 2021 Search Site index Help Accessibility Privacy Cookies Legal Modern slavery Fraud warning Carbon Reduction Plan @balfourbeatty Find out how the many benefits early involvement with both our project managers and our customer helped with the successful delivery of in our latest podcast episode: Fri, 26 November 2021 15:07 Congratulations to our colleagues at @CPOfficial_M25 and @MyCPServices who have won the Sustainability and Climate Impact Award at The Institute of Asset Management Excellence Awards, alongside @atkinsglobal, @SkanskaUKplc, @toppesfielduk and @FMConwayltd! https://t.co/e4jDUKPYTq Tue, 30 November 2021 18:30 Previous Next 1 2 3 4 5 6 Connect with us Facebook Twitter Youtube LinkedIn Instagram Email updates We use necessary cookies to make our website work. We’d also like to set optional analytical cookies to help improve our website. We won’t set optional analytical cookies unless you enable them. For more detailed information about the cookies we use, visit Cookies settings. Necessary cookies only Allow optional analytics cookies