We ensure fair remuneration for employees, guaranteeing equitable treatment through a coherent remuneration system, which also includes non-wage benefits. The Bank’s remuneration strategy, developed in line with industry standards, is reflected in internal regulations, forming a key component in building and safeguarding the Bank’s reputation.
The remuneration structure establishes a direct link between remuneration and performance, ensuring: financial stability and variable remuneration levels aligned with the Bank’s financial capacity, performance-based remuneration caps, incentive schemes that include minimum performance thresholds, below which bonuses are not paid. Variable remuneration encompasses all performance-linked remuneration components, with payments directly tied to individual achievements, the Bank’s overall performance, and risk-adjusted results.
Base salary is a fixed component of remuneration, paid for the role performed, the scope of duties, and responsibilities held. It reflects the level of experience, skills, and competencies required for the role, as well as the employee’s contribution to the Bank’s performance. The fixed component constitutes a significant proportion of total remuneration, allowing for a flexible remuneration policy.
To ensure competitive remuneration structures, transparency, and an effective and fair remuneration system, the Bank monitors market trends in terms of both remuneration levels and forms of remuneration. Decisions regarding the Bank’s remuneration system take into account market remuneration trends and incentive schemes, with data sourced from consulting firms conducting financial sector analyses.
We also produce an annual report on the implementation of the Remuneration Policy, comprising two internal regulations:
the Remuneration Policy of Bank Polska Kasa Opieki Spółka Akcyjna and
the Remuneration Policy for Members of the Supervisory Board and Management Board of Bank Polska Kasa Opieki Spółka Akcyjna.
The annual assessment report on the implementation of the Remuneration Policy is prepared by the Nomination and Remuneration Committee, based on the Bank Management Board’s report on the functioning of the Remuneration Policy for the given year. Following approval by the Supervisory Board, the report is submitted to the General Meeting of Shareholders (GMS) for evaluation.