Sustainability Report 2022

Our education and training principles are summarised in an andragogical mission statement:
Andragogical
mission statement
7.3 Attractive working conditions
Fair and long-term oriented salary policy
In order to remain successful in the long term, we need to attract, develop and retain
qualified and loyal employees. Our remuneration system is geared towards this goal.
Remuneration is designed to support VZ’s strategy and promote a corporate culture that
contributes to long-term success. Client satisfaction is at the heart of everything our employees
do. Therefore, all employees are measured by their direct and indirect contribution
to the clients’ satisfaction.
The remuneration for a full-time position should be sufficient to ensure a decent standard
of living in the employee’s place of residence. As a rule, our employment contracts
are open-ended: At the end of 2022, only 4 percent of all employees had a fixed-term
contract. Most of these are apprentices or employees working on a project for a limited
period of time.
Four principles of
our remuneration
1 Objective and fair
Objectivity is the basis of a fair remuneration system and ensures that no one is discriminated
against. That is why objective criteria are at the forefront when determining
compensation.
In 2020, VZ Group’s Executive Board had the salaries of the entire group analysed using
the federal government’s standard analysis tool (Logib). The analysis did not reveal any
significant inexplicable pay differences between women and men. PwC reviewed the
results and confirmed that it «did not come across any facts from which it would have to
conclude that the analyses do not comply with the legal requirements in all respects.» The
Sustainability report 2022
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