Managers with Administrative Responsibility
Our company’s “Remuneration Policy for Managers with Administrative Responsibility” has been created by taking into account the practices that have been tried and developed by many companies in the world and in Turkey, which are the result of scientific studies, researches and examinations.
In this context, while determining the wage level, the structure of the sector in which the Company operates and the conditions of competition, the continued production and sales activities, the prevalence of the activity points, foreign activities, the structure of the subsidiaries owned, their weight in the total, the level of knowledge required for the continuation of the activities and the number of employees are taken into consideration. are kept.
The remuneration of executives with Administrative Responsibility has been graded within the framework of the Company’s operating diversity and volume, taking into account the knowledge, skills, competence, level of experience, scope of responsibility and problem-solving criteria required by the task. While determining the monthly fixed wages of executives with Administrative Responsibility according to the levels determined, the internal balances are tried to be maintained and wage surveys involving leading companies across Turkey are used. Thus, fair remuneration within the Company and competitive in the market is ensured.
The Corporate Governance Committee ensures that the long-term goals of the Company are taken into account, in addition to the above criteria, in determining the remuneration principles and criteria for executives with Administrative Responsibility, and in formulating remuneration proposals.
While determining the remuneration levels of the members of the board of directors, in addition to the practices coming from the corporate line, the responsibilities of the board member in the decision-making process, the knowledge, skills, competence, level of experience and time he spends are taken into account. Comparisons are made with member fee levels.
While determining the salary levels of the independent members of the board of directors, in addition to the above criteria, care is taken to ensure that the salary to be determined is at a level that will protect the independence of the member, and within the framework of the Corporate Governance Principles, dividends, share options or payment plans based on the Company’s performance are not used.
The Corporate Governance Committee takes into account the long-term goals of the Company, in addition to the criteria mentioned above, in determining the principles and criteria for remuneration of the members of the board of directors, and in formulating proposals regarding remuneration.
The wages to be paid to the members of the Board of Directors are determined by the decision of the general assembly.