In addition to the base pay, employees are entitled to additional compensation calculated and paid in accordance with generally applicable provisions of labor law, i.e. for overtime and night work.
Employees may also receive an individual annual bonus according to the rules set forth in the internal sources of labor law and a special bonus for outstanding professional achievements. Once a year a periodic payroll review is conducted.
Remuneration and employee benefits
The Company’s compensation system provides for:
- paying employees according to the type of work they perform and the qualifications and competencies required to perform that work,
- differentiating individual remuneration based on their performance,
- achieving the set goals and objectives at the expected level,
- rewarding employees for outstanding professional achievements resulting in significant, unexpected added value for the Company.
At the same time, the LOTOS Group cares for the professional development of its employees by offering individual training plans and providing promotions and career paths for employees with high development potential.
Employees have the opportunity to:
- take advantage of medical and dental benefits for the employee and members of the employee’s immediate family,
- take advantage of unit-linked group life insurance in the amount of the premium covered by the LOTOS Group for all employees,
- develop within the LOTOS Academy, which offers training, development programs, the culture of knowledge sharing, co-financing of studies and foreign language courses, and purchase of the MultiSport Card and OK System,
- take advantage of discounts at LOTOS service stations,
- participation in company sports clubs, including: volleyball, sailing, tennis, football, bowling, chess and LOTOS Running Team.
The scope of the fringe benefits for temporary employees (external employees hired under the Temporary Employment Act, e.g. in LOTOS Kolej) may vary.
In 2020, the ratio of the remuneration of the highest earning individual in the LOTOS Group to the median remuneration of the other employees was 7.4 and was 3% lower than in 2019, while in 2021 it was 6.8, 8% lower than in 2020. Salary disparity in the organization was steadily decreasing in 2019-2021, as evidenced by decreasing values of the pay equity and wage spread indices.
Equality and wage spread
Equality and wage spread | 2020 | 2021 |
Wage spread ratio | 7.4 | 6.8 |
Pay equity ratio | 19.67% | 17.76% |
Wage spread ratio is the ratio of the remuneration of the highest earning individual in the LOTOS Group to the median remuneration of the other employees.
Pay equity ratio is the percentage difference between the average monthly pay (including bonuses, awards and allowances) of women and men for a given year.
Employees by gender and job type
Blue-collar positions | 2020 | 2021 |
---|---|---|
Women | 68 | 65 |
Men | 2,477 | 2,456 |
White-collar positions | 2020 | 2021 |
Women | 1,187 | 1,215 |
Men | 1,741 | 1,736 |