Society
Performance-related remuneration and social benefits
“Performance must be worthwhile”: CHT sees this motto as the basis for fair remuneration for its employees worldwide. Remuneration is determined on the basis of global principles that are geared towards position, market and performance. Our remuneration generally consists of a salary with fixed and variable components as well as additional benefits. The additional benefits often go beyond statutory obligations and in many countries include, for example, a company pension scheme or additional health insurance. We are committed to the UN Global Compact goal of paying employees a wage that enables them and their families to earn a decent living (“Living Wage”). In 2024, a global analysis will be conducted for the first time to determine whether we pay employees such a wage. After evaluating the results, we will determine how any gaps can be closed by 2030.
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