6.4 Benefits
In MYTILINEOS Group, we apply reli-
able and objective methods to deter-
mine compensations and benefits –
and their evolution– for all our em-
ployees, so that we can ensure meri-
tocracy in earning levels, guarantee
competitive earnings in relation to the
Greek market, and lay the foundations
for long-term relations with our em-
ployees in all Group companies. The
compensations and benefits pack-
ages that we offer to our employees
are of course determined in accor-
dance with the minimum entry levels
provided under the laws in force.
Any compensations over and above
these levels are based on the em-
ployees’ individual performance and
capabilities, which are monitored
through the annual performance re-
view process.
Differences in salaries arise exclusive-
ly from the average level of expertise
by gender and category of employ-
ment position. Due to the specific na-
ture of their activities, our subsidiaries
–especially in aluminium production
and EPC projects– employ primarily
men in positions with higher speciali-
sation requirements (technical or man-
agerial) and women in less specialised
positions, a situation that is reflected
in the corresponding salary levels.
In addition to pecuniary benefits, our
key concern is to create an attractive
work environment in which our em-
ployees are able to balance their pro-
fessional and family obligations. To this
end, we are extending a number of
voluntary long- and short-term bene-
fits, over and above the statutory
ones, to the employees of all our sub-
sidiaries.
47
S U S TA I NAB I L I T Y R E PORT 2 0 1 2
Basic salary for women vs. basic salary for men, by
employment position
2012
Executives
-16,5%
Administrative employees
-11,5%
Technical & Labour personnel
-17,7%
Basic benefits extended
by the Group companies
to full-time employees
MYTILINEOS
HOLDINGS S.A.
ALUMINIUM
S.A.
METKA
S.A.
PROTERGIA
S.A.
DELHPI-
DISTOMON
S.A.
Life insurance
x
x
x
x
x
Health and medical care
x
x
x
x
x
Coverage against disability/incapacitation
x
x
x
x
x
Retirement provisions
x
x
x
x
x
Maternity / paternity leave
x
x
x
x
x
Voluntary benefits extended
by the Group companies
to full-time employees
MYTILINEOS
HOLDINGS S.A.
ALUMINIUM
S.A.
METKA
S.A.
PROTERGIA
A.E.
DELHPI-
DISTOMON
S.A.
Additional leave for parents of large families (>3 children)
x
Housing for non-local employees
x
x
x
Personnel transport
x
x
x
x
Ownership of company shares
x
x
Company credit card
x
x
x
Theatre tickets and tickets for various cultural events
x
Company car and parking space for Executives
x
χ
χ
χ
Electronic pass for toll stations
χ
χ
Company fuel card
χ
χ
Mobile phone, laptop and smartphones
χ
χ
χ
χ
Fuel allowance
χ
χ
χ
Work gear and meals
χ
χ
χ
