Remuneration

GRI:

[GRI 102-35] Remuneration policies
[103-1, 103-2, 103-3] for the aspect: Employment, remuneration and additional benefits, security

The terms of remuneration of the employees of Santander Bank Polska are set out in the Remuneration Policy applicable to all bank’s employees. The policy defines the rules of determining fixed and variable remuneration components and the eligibility criteria for disbursement of variable remuneration and other compensation elements. With such a structure of the remuneration system, Santander Bank Polska can acquire and maintain best qualified employees in the financial sector.

The provisions of Santander Bank Polska Remuneration Policy prohibit differentiation of the compensation amount depending on the gender. We do not accept pay discrimination: in our bank salaries paid to men and women in the same positions are comparable. The total remuneration structure in the bank is consistent with the market practice and its value is comparable with the salaries paid in the banking sector.

Employees also receive additional benefits responding to their needs, including healthcare and a cafeteria system offering a wide range of cultural, sports and travel benefits. More information about additional benefits available to our full-time employees can be found here.

We regularly review our remuneration system versus payroll reports published by leading consultancy firms and the data of the Central Statistical Office. In Q2 2018, a comprehensive benchmarking review of basic salaries versus the market was carried out in the bank and triggered adjustment of the compensation paid by the bank. Additionally, the bank’s Remuneration Policy has been adjusted with the requirements of the Guidelines on management of non-performing and forborne in the scope of remuneration policies and practices related to the sale and provision of retail banking products and services (EBA/GL/2016/06 and 13/12/2016).

GRI:

[GRI 202-1] Ratios of standard entry level wage by gender compared to local minimum wage

Standard entry level wage of women and men compared to local minimum wage in 2018

Rate of basic salary

Data table

Standard entry level wage of women and men compared to local minimum wage in 2018
	Women	Men
Average monthly entry level wage paid to employees	3,204	3,008
% of minimum wage	153%	143%

GRI:

[GRI 405-2] Ratio of basic salary and remuneration of women to men by job category

Data table

	Average basic salary of women by job category	Average basic salary of men by job category	Rate of average basic salary of women to average basic salary of men by job category
Capital city: senior management	26,807	35,365	76%
Capital city: middle management	12,734	15,858	80%
Capital city: other employees	6,681	9,465	71%
Agglomerations: senior management	20,282	24,656	82%
Agglomerations: middle management	10,151	11,960	85%
Agglomerations: other employees	5,414	7,241	75%
Large cities: senior management	16,916	19,234	88%
Large cities: middle management	8,133	9,848	83%
Agglomerations: other employees	4,398	5,477	80%
Other: senior management	18,133	15,892	114%
Other: middle management	8,326	9,626	86%
Other employees	4,115	4,834	85%

* Management Board members were excluded from the ”senior management” category.