8.1 Allowances

134.The variable and fixed remuneration of institutions may consist of different components, including additional or ancillary payments or benefits. Institutions should analyse allowances³¹ and allocate them to the variable or fixed component of remuneration. The allocation should be based on the criteria in section 7.

135.In particular where allowances are considered as fixed remuneration, but show any of the following features, the institution should duly document the results of the assessments conducted under section 7:

• a. They are paid only to identified staff members³² .
• b. They are limited to cases where the ratio between the variable and fixed components of remuneration would otherwise exceed 100% (if applicable, up to 200% where approved by shareholders).
• c. The allowances are linked to indicators that could possibly be understood as proxies for performance. In that case, the institution should be able to demonstrate that these indicators are not linked to the performance of the institution, e.g. by analysing the correlation with the performance indicators used.

136.Where allowances are based on the role, function or organisational responsibility of staff, in order to be correctly mapped to the fixed component of remuneration, they should meet the criteria set out in paragraph 131, taking into account all of the following:

• a. the allowance is tied to a role or organisational responsibility and awarded as long as there are no material changes regarding the responsibilities and authorities of the role so that in fact the staff would have a different role or organisational responsibility;
• b. the amount does not depend on any factors other than fulfilling a certain role or having a certain organisational responsibility and the criteria in paragraph 203;
• c. any other staff member fulfilling the same role or having the same organisational responsibility and who is in a comparable situation would be entitled to a comparable allowance.

137.Competent authorities should ensure that allowances are not a vehicle or method that facilitates the non-compliance of institutions with the CRD.

³¹ The label may differ according to the institution: ‘ role-based pay, staff allowance, adjustable role allowance, fixed pay allowance ’, etc.

³² Being an identified staff member should not be considered as a role or function.

1. Översikt

1.1 Referenser

1.2 Identifierade krav

1.3 Relaterade standarder

2. Identifierade krav

3. Relaterade standarder

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