ESRS Standard
ESRS Standard
41. The undertaking shall disclose:
(b) the annual total remuneration ratio of the highest-paid individual to the median annual total remuneration for all employees (excluding the highest-paid individual).
AR incl. calculation
AR incl. calculation
AR 35. When compiling the information required by paragraph 41(b), the undertaking shall:
(a) include all employees;
(b) include base salary, which is the sum of guaranteed, short-term and non-variable cash compensation;
(c) include, depending on the undertaking’s remuneration policies, all of the following:
i. benefits in cash, such as cash allowances, bonuses, commissions, cash profit-sharing and other forms of variable cash payments;
ii. benefits in-kind, such as cars, private health insurance, life insurance and wellness programs; and
iii. total fair value of all annual long-term incentives (for example, stock option awards, restricted stock shares or units, performance stock shares or units, phantom stock shares, stock appreciation rights and long-term cash awards);
(d) apply the following formula for the annual total remuneration ratio:
Annual total remuneration for the undertaking’s highest-paid individual
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Median employee annual total remuneration (excluding the highest-paid individual)
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