Crédit Agricole S.A. has introduced a responsible compensation policy, with the aim of ensuring fair treatment and recognising individual and group performances over the long term. It therefore conveys our values and is respectful of all our stakeholders: customers, employees and shareholders.
Remaining loyal to its origins and the commitment made in its Group strategic plan, Crédit Agricole S.A. wishes to take an exemplary approach in its compensation policy.
In order to create this new policy, a review was conducted with shareholders based on the following principles:
Direct compensation paid to the Group’s executives therefore consists of a fixed salary and an individual bonus, calculated on the basis of:
In addition to direct compensation paid to executives, additional benefits are also provided, in particular top-up pension schemes, which were standardised in 2009 across all business units.