MERLIN Properties Annual Report 2018 / English

ı 91 ı Annual Report 20 18 Talent retention. Main tools 26% of employees currently participating in the Company’s Long-Term Incentive Plan REMUNERATION Remuneration is a key tool to attract and retain the best talent. The Company’s remuneration system includes three distinctive features: • Flattest pay slope in the entire IBEX-35. • Highest average salary of the entire IBEX-35. • Prioritisation of performance over any other variable when determining remuneration. Continuous monitoring of the employees’ evolution. The Long-term Incentive Plan for employees has been consolidated during 2018. There are currently 45 employees participating in the LTIP. 100% employees with access to social benefits and full medical insurance FLEXIBLE REMUNERATION AND FRINGE BENEFITS In addition to MERLIN’s remuneration system, the Company provides fringe benefits and alternative remuneration schemes for all its employees. In 2018, MERLIN has continued to standardize the conditions and fringe benefits of all its personnel. MERLIN has equalized and improved the provision of life insurance policy to all its employees, with the Company assuming the full cost of this. Similarly, all employees have access to the flexible remuneration schemes made available by the Company (training, kindergarten vouchers, transport cards and restaurant vouchers).