Raiffeisen Group remuneration report
A competitive compensation system plays a key role in successfully positioning Raiffeisen Switzerland as an attractive employer. The remuneration system is designed to attract skilled workers on the job market and to retain them, among other things. Outstanding and extraordinary achievements are recognised and rewarded.
Raiffeisen Switzerland's remuneration system is based on criteria provided in laws, rules and regulations, including, without limitation, Circular 10/1 "Remuneration schemes" of the Swiss Financial Market Supervisory Authority (FINMA).
The Raiffeisen Group (Raiffeisen Switzerland including the Raiffeisen banks and consolidated companies) paid CHF 1,086,310,308 in total remuneration in the current year. This included variable remuneration (excluding employer pension contributions and social insurance) totalling CHF 106,017,403. Remuneration was rendered exclusively in the form of cash. None of it was deferred.