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Remuneration policy

As a key objective or incidentally, promoting the control and direct or indirect reduction of costs

Petrel & Associates have a recognized expertise to offer you a global vision of direct or complementary contributions and to suggest the optimization solutions by promoting control, direct or indirect costs reduction.

Compensation is a very broad concept that includes not only salary elements (minimum wages, bonuses, rewards, fringe benefits, but also social protection (retirement and employee savings system), so as the social benefits, employees’ shareholding employee.

Moreover, the contribution policy must without any doubt integrate the fair treatment issue :

  • Audits of company group practice

Project example: distinguishing minimum obligations and potential improvements, projects involving employee mobility and the study of scales for economy through appropriate group policy

  • Assessment of the scope of remuneration benefits from a legal or accounting standpoint or as regards tax and employee contributions

Project example: comparison of pension schemes with acquired rights paid in capital and/or with defined benefits and random entitlements for managerial staff

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