Remuneration and benefits

  • Goal 5 - Gender equality
    Goal 5 - Gender equality
    Goal 5 - Gender equality
  • Goal 8 - Decent work and economic growth
    Goal 8 - Decent work and economic growth
    Goal 8 - Decent work and economic growth
  • GRI:
  • Ratios of standard entry level wage by gender compared to local minimum wage202-1
    Ratios of standard entry level wage by gender compared to local minimum wage
  • Additional benefits (perks) provided to full-time employees401-2
    Additional benefits (perks) provided to full-time employees

Remuneration policy

The „Remuneration Policy of the Santander Bank Polska Group” is a document that defines all the applicable rules regarding employee remuneration. The objective of our approach is to attract and retain the best qualified people in the bank. Therefore, we offer them a market-competitive total benefits package, which consists of:

  • basic salary,
  • bonus schemes, and
  • attractive additional benefits.

In the long term, the objective of our Remuneration Policy is to ensure sustainable development of the entire Group, taking into account the interests of key stakeholder groups.

For more information on Santander Bank Polska S.A.’s Remuneration Policy, in particular in relation to members of the Management Board and Supervisory Board, please refer to pages 161 to 166 of the Management Report on the Activities of the Santander Bank Polska Group in 2021.

Equal pay

  • GRI:
  • Ratios of standard entry level wage by gender compared to local minimum wage202-1
    Ratios of standard entry level wage by gender compared to local minimum wage
  • GPW:
  • Equal pay indexS-P2
    Equal pay index

Equal treatment of women and men is a priority for us. This also applies to remuneration. We monitor the gender pay gap using the EPG (Equal Pay Gap) / GPG (Gender Pay Gap) indicators and gradually strive to eliminate it completely.

The value of Equal Pay Gap* at the bank was 2.4%, meaning that on average women earned 2.4% less than men in the same positions. This ratio improved by 0.16 percentage points from the previous year. Our goal is to eliminate the pay gap completely by 2025.

* The EPG index compares the pay of men and women who work in the same job, at the same level, in the same role. It aims to capture 'equal pay for equal work’.

To close the pay gap completely, we will:

  • include information on EPG in the monthly HR Dashboards provided to managers, with a list of jobs where there is a gender pay gap and information on the value of EPG for individual jobs in a given organisational unit (if any);
  • take employment-related decisions taking into account their impact on the EPG.

Gender Pay Gap Indicator**

** The GPG index measures the pay gap regardless of the nature of the job, in the organisation, in the company (vertical approach).
*** Without the bank’s Management Board for which the bank publishes a dedicated remuneration report.

Employee groups GPG
Key executives 26.4%
Senior managers*** 5.2%
Other managers 17.4%
Other employees 30.8%

** The GPG index measures the pay gap regardless of the nature of the job, in the organisation, in the company (vertical approach).
*** Without the bank’s Management Board for which the bank publishes a dedicated remuneration report.

The Gender Pay Gap indicator is largely the result of social and economic conditions that have evolved over decades. In our case, it is influenced by the bank’s organisational structure, in which the vast majority of branch employees are women, while in IT-related positions the majority of employees are men. The change in the value of the GPG indicator will be evolutionary. To support the transition we will:

  • gradually increase the proportion of women in senior management,
  • offer dedicated development programmes for women,
  • maintain a gender balance in recruitment and development processes,
  • include adequate representation of women in succession plans,
  • educate employees in the context of equal treatment and inclusiveness.

Benefits

The following benefits are offered to all Santander Bank Polska S.A. employees:

Health:

  • comprehensive private medical care for employees and family members
  • Multisport card
  • dental health packages for employees
  • refunds for the purchase of corrective eye glasses

Family:

  • support for parents, including co-financing of nurseries and kindergartens, summer camps and school starter kits,
  • „Two Hours for the Family”

Safety and support:

  • financial allowance for health purposes for employees with disabilities
  • group life insurance for employees
  • financial assistance, e.g. in the form of a loan for housing or financial support for persons in difficult situations
  • support for pensioners, for example, holiday subsidies

Culture, travel and shopping:

  • discount scheme for business partners’ products
  • a wide range of services and benefits under a cafeteria system

An important element of our employee benefits programme is the cafeteria system. Depending on the employee’s income per family member, points are awarded under the Company’s Social Benefits Fund, which can be exchanged for holidays in Poland and abroad, subsidies for child care in a crèche, kindergarten or children’s club, co-financing of a school starter kit, sports and cultural events, access to virtual cultural events, purchases in bookshops, sports shops or takeaway food.