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BT plans to make changes to management pay process

BT plans to make changes to management pay process
British Telecom (BT)'s headquarters is seen in central London, Britain May 10, 2018. REUTERS/Hannah McKay   -   Copyright  HANNAH MCKAY(Reuters)
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(Reuters) – BT Group Plc <BT.L> said on Tuesday it plans to make changes to the way it decides management pay, after more than a third of the votes cast at its general meeting were against its 2018 annual remuneration report.

Britain’s biggest telecom group will look to take steps, including considering a broader range of performance factors and wider circumstances, when deciding on pay outcomes, it said.

(Reporting by Arathy S Nair in Bengaluru; Editing by Saumyadeb Chakrabarty)

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