Base salary and Benefits

Base salary

Base salary is the fixed compensation paid to employees for carrying out their role and is established based on the following factors:

• Scope and responsibilities of the role, and qualifications required to perform the role.
• Market value of the role in the location in which Swiss Re competes for talent.
• Skills and expertise of the individual in the role.

Benefits

Swiss Re aims to provide a competitive package of employee benefits. Benefits are designed and implemented under a global framework, while appropriately reflecting differing local employment market conditions.

The key objectives of Swiss Re’s benefits packages are to:

• Provide a degree of security for employees as it relates to pension, health matters, disability and death.
• Be competitive in the markets where Swiss Re competes for talent.
• Connect with Swiss Re values and enhance engagement.

Additionally, forfeiture provisions apply in certain benefit plans.