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The variable remuneration relies on the result in relation to monetary aims and expansion targets inside of the individual place of obligation (Group or Division) and in step with the pursuits in the shareholders.
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The variable remuneration varies among zero and the most amount as follows. For that President and CEO the variable compensation is maximized at sixty percent of his set annual salary. For another associates of Group Management, the variable remuneration is maximized at 42-two hundred percent of their mounted annual salaries.
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The compensation paid out towards the President and CEO and various members of Group Management include a hard and fast fundamental salary, variable remuneration, pensions and also other Advantages.