UK remuneration report, consideration of employment conditions elsewhere in the group

 

Kier Group plc – Annual report – 30 June 2017

Industry: construction

Directors’ Remuneration Report (extract)

Directors’ remuneration policy (extract)

Consideration of employment conditions elsewhere in the Group

Employees are not formally consulted on the Executive Directors’ remuneration and were not consulted during the preparation of the remuneration policy set out above. However, the Group’s employee engagement survey provides an opportunity for employees to provide their opinion on their own remuneration arrangements.

The Committee takes into account the overall pay and employment conditions of employees within the Group when making decisions on the Executive Directors’ remuneration. In addition, the Committee is provided with information about the proposed annual Group-wide pay review when setting the Executive Directors’ salaries and is made aware of the approximate outcomes of annual bonuses within the wider workforce.