All categories of Hera employees receive a minimum salary that is greater than or in line with what specified by the related national collective labor agreement (Federgasacqua) and an average salary that is above 60% higher than the minimum labor agreement conditions for managers, 66% white-collar workers and 45% higher for blue-collar workers.

*The data refer to the following companies: Hera S.p.A., Famula On-Line, Uniflotte, Hera Comm, Hera Trading, Herambiente, FEA.

In addition to the base salary, incentive systems are in place which permit a more exact link between strategy and the targets assigned to individual resources.

Through this choice, the company instituted a productivity bonus which is applied to all Group personnel and is based on profitability, productivity and quality indicators. In 2011 this bonus system provided an average per capita premium of 1,297 €.

The incentive system for management personnel (executives and managers) is linked to the Balanced scorecard system (Management by objectives), approved annually by the Remuneration committee.

Page updated 22 March 2012