A long-term and value-oriented compensation model exists for the Executive Board and second-level management. Details thereof are to be found in the “compensation report”.
Management equity-sharing plan (LTI)
Number |
| 2016 | 2015 | Variance |
|---|---|---|---|---|
Balance of entitlements at the beginning of the year |
| 62,598 | 72,698 | –13.9 |
New entitlements |
| 37,962 | 36,102 | 5.2 |
Changes in entitlements as a result of allocation |
| –62,102 | –46,176 | 34.5 |
Changes in entitlements as a result of expiry |
| 6,675 | –14,386 | –146.4 |
Changes in entitlements as a result of changes in factors |
| 6,454 | 14,360 | –55.1 |
Balance of calculated entitlements at the end of the year |
| 51,587 | 62,598 | –17.6 |
in CHF 1,000 |
| 2016 | 2015 | Variance |
|---|---|---|---|---|
Personnel expense recorded over vesting period for allocated management sharing plan |
| 4,382 | 3,921 | 11.8 |
Fair value of management sharing plan at date of allocation |
| 5,587 | 3,727 | 49.9 |
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Personnel expense for management sharing plan (LTI) expense for reporting period |
| 4,106 | 2,590 | 58.5 |
Accrual for management sharing plan (LTI) in equity at the end of the year |
| 4,335 | 4,610 | –6.0 |