Report on directors' remuneration
Notes contentsBase salary
The committee's normal policy is to review salaries annually taking into account the remuneration arrangements and the level of increases applicable to employees across the rest of the company as a whole.
For 2010, the company is reviewing salaries for employees taking into account the location and economic conditions of each business. For executive directors, and other members of the Pearson Management Committee, we have reviewed base salaries in line with the general level of increases elsewhere. Full details of the executive directors' remuneration for 2010 will be set out in the report on directors' remuneration for 2010.
The committee reviewed executive directors' base salaries for 2009 at the end of 2008. In light of the then prevailing economic conditions and consistent with the action taken across the company to control costs and minimise job losses, there were no increases in base salary for the executive directors and other members of the Pearson Management Committee for 2009. Full details of the executive directors' 2009 remuneration are set out in table 1.