Our salary system has fixed parts which are reviewed once a year in the Annual Performance Review. On top of that, all staff members have a variable bonus part, which is adjusted twice a year in line with goal achievement. This bonus plan takes into account FSEU’s performance as a whole as well as the individuals’ work accomplished.
We evaluate and benchmark all of our jobs periodically to guarantee fairness and transparency and to ensure that we have attractive remuneration packages exceeding industry standards. Within our European organisation, these vary according to local markets. Below is an overview for Germany.
- Pension Programs
We feed a direct insurance for our employees after one year’s service.
- Capital Forming Plans
We contribute to individual savings plans.
- Anniversary Payments
For loyalty to the company, 10/20/25th anniversaries are rewarded.
- Commuting Allowance
Contribution to commute to work for employees with no company car.
- Restaurant Cheques
Cheques handed out to all staff can be used in designated canteens, restaurants, grocery stores, etc.
- Special Occasion Payments
We acknowledge meaningful moments in our employees’ private life, granting payments for weddings, birth of a child, etc.
- eThankYou Rewards
In order to recognize people’s special engagement, eThankYou-mails can be sent company-wide. The employee’s superior receives a copy and decides whether to grant a financial bonus for each particular case.
- + others
e.g. risk provisioning against accidents / long-term sickness.