On the other hand, the Policy on the compensation of persons having material impact on the risk profile articulates the assumptions used to shape the fixed and variable components of compensation of such employees.
Bank Millennium has also implemented a Policy for the selection and assessment of qualifications of members of the management body and persons discharging the most important functions. It ensures that the persons discharging the most important functions in the Bank Millennium Group, including functions in management bodies, have the requisite professional qualifications and the appropriate reputation. This policy fosters sound Group management, the generation of stable results and the appropriate operational risk management in the long-term perspective.
The implemented Diversity Policy shows that Bank Millennium operates while respecting human dignity and adheres to the law on equal treatment regardless of age, gender, ethnic or national origin, religion, creed, family status, sexual orientation, health condition, convictions, trade union membership and other premises that could trigger discrimination.
[GRI 103-1, 103-2, 103-3] The Bank Millennium Group applies employee regulations that are as uniform as possible, in particular: Work Rules and Regulations – laying down the organization and order of work and the related rights and duties of the employer and employees as well as Compensation Rules and Regulations establishing the rules and conditions for paying compensation and awarding other benefits.