Remuneration & Benefits
In Piraeus Bank Group, we reward our people according to their competencies and contribution. Aiming at attracting the most skilled professionals in the field and encouraging their personal development in the Group, we offer a competitive remuneration package. Piraeus Bank Group provides incentives and rewards -ethically and materially- employees that contribute to Group’s development in a distinctive way.
We monitor trends and labor market evolvement in our sector, so as to ensure competitive compensation and benefits packages. We apply equal opportunities policy, without discrimination in basic salary for men and women, both in levels of hierarchy and in the age groups. Employee remuneration package is defined by the following parameters:
We offer equal opportunities, without discrimination in the basic salary of men and women, in the levels of hierarchy or in age groups. The parameters which define employee remuneration are:
- Job role
- Level of responsibility
- Skills and competencies
- Work experience
Employees’ professional development, contribution and performance also upgrade the level of their remuneration.
It should be noted that executives’ remuneration as well as incentive schemes are structured taking also into account the principles against excessive risk taking and against short-term profit pursuit at the expense of long-term goal achievement.