Remuneration and Social Benefits
50Hertz is an attractive employer and intends to continue to be so. We
pay our employees fairly and offer attractive additional benefits. Our
Referral Wage Agreement for the Energy Pay Scale Group regulated
this. We supplement appropriate, performance-related remuneration
regardless of gender with extensive in-company social benefits and
the offer of a company pension scheme. The remuneration for all employee
groups includes success and performance-related elements,
which offer an incentive to achieve the common business objectives
as well as the resulting individual priorities. Some business objectives
relate to sustainable corporate management, including, for example,
compliance with occupational safety and health protection as well
as successful social dialogues. The factor of the remuneration of the
highest-paid employee to the median total annual compensation of
all employees is 8.2.
In addition, our employees can participate in the success of the previous
fiscal year through an Elia Group shares programme. Already for the
fifth time, every employee was offered up to 20 shares at a discounted
price in 2017. Almost 55 percent of those eligible availed of the offer.
We transparently and voluntarily disclose the total remuneration paid
to the Board of Management in the Consolidated Financial Statement.