Total remuneration by Raiffeisen Switzerland
In the current year, Raiffeisen Switzerland paid out total remuneration (excluding employer pension plan and social insurance contributions) of CHF 304,154,393. Accrued remuneration expenses (both fixed and variable) for the current year have been recorded in full as personnel expenses. There are no remuneration expenses from earlier reporting years affecting profit and loss. In the current year, the Board of Directors approved a total variable remuneration pool (excluding employer pension plan and social insurance contributions) of CHF 45,248,106 for Raiffeisen Switzerland. Of this amount, CHF 6,119,000 was paid to risk-takers outside the Executive Board and CHF 1,150,000 to the Executive Board (including the Head of Internal Auditing).
All shares were paid in cash. No shares of fixed or variable remuneration were deferred. The total variable remuneration pool benefited 2,080 individuals at Raiffeisen Switzerland (previous year: 2,027).