Compensation
and Benefits

Our salary system includes fixed components that are reviewed once a year as part of the annual performance review. Each member of staff also has a variable pay portion (bonus), which is adjusted twice a year in line with goal achievement. This bonus plan takes into account both SNEU´s performance overall and the person´s individual achievements.

We evaluate and benchmark all of our job roles at regular intervals, not only to guarantee fairness and transparency but also to ensure that we have attractive remuneration packages exceeding industry standards. An overview is given below.

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Paid Time Off - we offer paid public holidays and 30 days vacation.

Flexi-time - depending on your level, hours worked over and above your contracted hours are credited. Hours can be taken within limits at other times.

Pension programs - We offer our employees a direct insurance policy after one year’s service.

Capital accumulation plans - We contribute to individual savings plans.

Length of service payments - Employees receive a bonus on their 10th, 20th and 25th anniversary with the company.

Commuting allowance - Contribution to the cost of the work commute for employees without a company car.

Sports Club Allowance - Contribution to the members fees of a sports club, gym, etc. in order to support our employees in staying healthy.

Accident insurance - for heavy/ deadly accidents.

Restaurant cheques - Distributed to all staff, the cheques can be used in designated canteens, restaurants, grocery stores, etc.

Special occasion payments - We acknowledge meaningful moments in our employees’ private lives with special bonuses for weddings, the birth of a child, etc.

Cycle Scheme - offers leasing of bikes or e-bikes via salary sacrifice.

Recognition - we have a range of cash awards to reward employees for excellent work, project delivery, length of service, writing and publishing of patents.

Well-Being - Annual eye tests and company funded voluntary annual influenza vaccinations.

Employee Referral Scheme - if an employee introduces a successful job candidate we offer a reward.

Compensation and Benefits

Compensation
and Benefits