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)

By Reuters

Published on 18/12/2018 - 11:34•Updated 25/04/2024 - 18:59

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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.