Rewarding Talent

Rewarding Talent

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Rewarding Talent

We are committed to rewarding our employees through performance-based compensation programs that promote fairness and competitiveness in pay.

Our remuneration strategy is designed to attract and retain talented individuals with the right skills to help the company achieve its objectives while motivating them to enhance their performance in line with the company’s values and culture.

Additionally, our remuneration strategy aims to align stakeholders' interests and create sustainable value over time by establishing a clear, measurable link between individual and group performance.

Elements of Pay

The key components of the remuneration package we offer include:

  • Fixed Remuneration: This is the base salary for the position held, designed to attract and motivate employees.
  • Annual Variable Pay: These are incentives tied to both company and individual performance, customized based on the specific role and local market practices.
  • Long-Term Variable Pay: These are management equity-based incentives that vest over a multi-year period, primarily dependent on Prysmian's business performance and the value created for shareholders.
  • Benefits: These non-cash components are intended to provide a competitive total remuneration package. Benefits may include retirement plans, life and disability insurance, health care, a company car or transportation allowance, and meal subsidies. 

Benefits are tailored to local contexts, considering the characteristics of the specific market, to ensure employees feel valued and supported in their environment.

YES: Your Employee Shares

The YES Plan is a unique program that allows Prysmian employees to purchase company shares at a discounted price. Launched in 2014, the YES Plan has enjoyed significant success, contributing to the effectiveness of other initiatives like the BE IN and LTI plans.

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Human Resources

Human Resources