Around one-third of the 55 FTSE 100 companies to publish their 2023 annual reports thus far are seeking shareholder approval for a new binding remuneration policy, Deloitte analysis has revealed.
So far, 16 FTSE 100 companies are seeking approval for a new remuneration policy in the 2024 AGM season to date, with nine of these companies looking to significantly increase incentive levels and/or introduce more innovative pay structures.
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