BHP Group freezes top-level salaries

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BHP Group freezes top-level salaries

BHP Group PLC (LON:BHP)(ASX:BHP) has frozen salaries of its key leadership personnel for the coming year.

Chair of the remuneration committee Susan Kilsby said the decision represented “an appropriate alignment between pay and performance during the year and is also fair in terms of the global context in which decisions have been made.”

Miners have faced cost pressures as some mines have shut down due to coronavirus, and new safety measures have had to be implemented in others.

On the other hand, the prices of many commodities have risen, which should feed through into greater margins.

Proactiveinvestors.co.uk

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