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Wages and supplements
Caja Madrid uses a range of instruments to remunerate and recognise the work of its professionals. These substantially improve on the conditions set in the corresponding Collective Agreement, while precluding any differentiation or discrimination beyond those relating to individual performance or the functions of a particular post:
Fixed salary
In addition to the conditions set in the Collective Agreement, Caja Madrid applies a number of internal improvements that make for a clear, simple payment structure. Payroll slips feature fewer items for easier comprehension, and are set out so everyone can calculate their annual salary.
Performance-related salary
All Caja Madrid professionals come under a Results Evaluation System which objectively quantifies the global results of the organisation, individual or team compliance with their respective objectives, and the professional competencies attained. Staff can thus refer to a known set of disclosed variables to calculate the performance-related component of their annual pay. In the longer term, staff get a special bonus for meeting the goals of a given strategic project. This is the case with Plan 2010, which comes with an economic bonus attached so all teams share in the organisation's success, and see their efforts and contributions duly rewarded.
Payment in kind or deferred payment
All Caja Madrid professionals enjoy broad insurance coverage, special loan application facilities, external pension fund contributions, etc. as part of a far-reaching benefit package that goes far beyond the standard remuneration and, of course, the minimum thresholds of the Collective Agreement.
Reconciliation of work - personal life and Social Benefits