Remuneration and employee benefits
Remuneration at KB relies on the internal justice principle, which ensures that the same remuneration is given for the same work and the same performance under the same transparent circumstances. The bank follows the external competitiveness principle through regular market research. The risk considerations principle guarantees that remuneration is maintained in line with sound and effective risk management. Remuneration principles supports the sustainable development e.g. through linking variable remuneration to objectives related to this area.
Equal pay is a basic pillar of KB's diversity strategy. Our goal is a zero pay gap between men and women in 2025, which we want to achieve across employee groups. For the managerial population we reach the target from the current value of 4,9% and for the employees from the current 4,1%.
The purpose of offering employee benefits and advantages is to give the employees choice and to promote their identification with the Komerční banka Group through preffered conditions for products and services.
We are actively interested in our employees’ satisfaction. Every two years, we organise an Employee Barometer: via an online questionnaire we give our employees an opportunity to voice their opinions and become involved in development and innovation at KB.
A new feature is KuBa, an intelligent chatbot that helps to induce newcomers into the new environment and gauges their satisfaction in the integration process.
We keep our tradition of helping tertiary education through sponsorship and expert support for state-run higher education institutions and universities across the Czech Republic. Our most lively cooperation is with the University of Economics in Prague, Masaryk University in Brno, and the Czech Technical University in Prague (ČVUT). With ČVUT’s IT Faculty we support research, and also the development of new ideas in digitalisation and innovation, the outcomes significantly contributing to Komerční banks’s Innovation Lab. We also meet with university students on the occasion of job fairs, open days, workshops, and special events on specific economic issues.
Approximately 100 students of secondary schools and universities are gaining some practical experience at the head office and in the branch network as interns.