The presidents of Polish companies receive millions in severance pay. How much … – Forsal.pl

In Orlen, the largest Polish company, where – as the newspaper notes – wobbly stools experienced managers – members of the board have contracts to provide them with severance pay in the amount of 6 or 12 month salary. Added to this are payments related to the prohibition of competition, also for six months or a year. This means that the current President of the fuel company, in the case of retirement could count on up to 3 million 300 thousand dollars.

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The largest Polish bank PKO BP – we read in “Puls Biznesu” – conditions are less generous contracts for board members. With the severance payments they are entitled to a 3-month salary and payments for non-competition

may receive a maximum of six months. And in PZU, the largest insurer, severance, in case of resignation or dismissal is not there.

The briefings KGHM no way, but each member of the board for a year after parting with a company pays out 40 percent of basic salary. In the case of current President would mean about 575 000 all the gold h.

More on this topic – in “Puls Biznesu”.