Senior Managers (L4) working in businesses where EADS holds over 50% of the capital in the countries where the country is primarily present (Germany, UK, Spain, France) are going to be subject to the same regulations as regards the structures of variable remuneration and the criteria taken into consideration to define it. This new negotiation was the application of the social bargaining procedures at European level, introduced in 2010 via an agreement (see our dispatch No. 110677).
bject to the same regulations as regards the structures of variable remuneration and the criteria taken into consideration to define it. This new negotiation was the application of the social bargaining procedures at European level, introduced in 2010 via an agreement (see our dispatch No. 110677).
Structure of variable remuneration. The agreement signed in November states, “The theoretical annual variable remuneration of Senior Managers consists of one part (40%) related to the...
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