Compensation and benefits

As an employee at Vattenfall you can expect recognition, competitive compensation and benefits.

Our mission is to:

  • truly reward strong performance
  • focus on potential
  • enable flexible solutions that facilitate employees in their work

Compensation

We provide a variety of compensation and benefits solutions that differ between regions, locations or business. Generally they include the following components:

  • Annual fixed base salary
  • Annual variable reward components
  • Miscellaneous local allowances

Decisions regarding individual salaries are taken in the context of individual performance and the current market position of the role.

Decisions regarding budget for annual salary review and individual distribution will also be subject to regional or local agreements with unions, workers councils or equivalent. Annual base salary will be regularly reviewed pending on individual or local agreements.

The purpose of an annual reward component is to ensure a clear link between individual performance and the Group's Strategic Direction.

Benefits

Below is a general overview of Vattenfall's employee benefits. Please visit a Vattenfall country website for more information:

Insurance

Determined on a country-to-country basis, Vattenfall offers differing benefits, such as care-, life- or accident insurance coverage under special employee conditions, which also can be valid for family members.

Pension program

Our employees can join our pension scheme, which varies according to country requirements.

Parental leave

We encourage our employees to take parental leave.

Work-life balance

To promote a better balance between employees' private and professional lives, we offer flexible options at various offices, such as part-time work or the opportunity to work from home. For more information please visit a relevant Vattenfall country website.

Sport, health care and wellness

It is important to us that we have healthy and happy employees. At many of our company sites, we offer various physical fitness programmes such as soccer, basketball, yoga and many more. There are also information sessions conducted, designed to maximise work-life balance, promote a healthy lifestyle or to participate in a medical check-up.

Last updated: 2016-05-30 13:56