Wider workforce considerations:
In October 2022, the Directors approved the payment of a one-off gross non-pensionable payment of £1,000 to all employees (not under notice) with a full-time equivalent base salary of £55,000 or less. This payment offered additional help to employees to deal with the burden of the current cost of living crisis.
We build long-term relationships:
We look to create long-term collaborative relationships with our occupiers and employees. As such, the Executive Director annual bonus contains strategic targets for occupier retention and staff satisfaction.
We lead by design:
Achieving net zero carbon is a fundamental part of our long-term strategy and development ethos. To reflect this, the Remuneration Committee has introduced embodied carbon and energy intensity reduction performance metrics into the performance share plan (PSP) award structure. This ensures we are clearly aligning our strategy with executive remuneration.
We act with integrity:
In the annual bonus, our staff satisfaction metric includes a gender variance underpin which links to the Group’s diversity and inclusion focus.