At 11 companies of the Capital Group there are additional pension funds. In the second half of 2019, the companies in Poland launched a new pension plan, based on the Act on Employee Capital Plans (PPK). The payments to the PPK account come from the employer, the employee, and the state. As at 31 December 2023, 47% of the Capital Group employees have availed of the PPK plans. In our statistics, we have also covered for similar plans applied by our foreign companies.
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GRI 401-2
Twelve companies of the Capital Group offer additional pension plans to their employees within the so called third pillar. In Poland it is the ‘Pogodna Przyszłość’ plan, which covers all employees with at least one year of service. In 2023, 38% of the Capital Group employees availed of the plan. Foreign companies also offer similar plans.
Employee pension plans in 2023
| 2023 | Number of eligible employees | Number of insured employees | Percent of insured to total headcount |
|---|---|---|---|
| Capital Group | |||
| Employee Pension Plans (e.g. PPE) | 2,083 | 39% | |
| Employee Capital Plans (PPK) | 5,131 | 2,546 | 46% |
| of which: | |||
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| Employee Pension Plans (e.g. PPE) | 2,028 | 43% | |
| Employee Capital Plans (PPK) | 4,754 | 2,310 | 48% |
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| Employee Pension Plans (e.g. PPE) | 55 | 8% | |
| Employee Capital Plans (PPK) | 377 | 236 | 35% |
| Grupa KĘTY S.A. | |||
| Employee Pension Plans (e.g. PPE) | 1,198 | 84% | |
| Employee Capital Plans (PPK) | 1,446 | 869 | 62% |
Employee pension plans in 2022
| 2022 | Number of eligible employees | Number of insured employees | Percent of insured to total headcount |
|---|---|---|---|
| Capital Group | |||
| Employee Pension Plans (e.g. PPE) | 2,143 | 39% | |
| Employee Capital Plans (PPK) | 6,564 | 2,886 | 53% |
| of which: | |||
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| Employee Pension Plans (e.g. PPE) | 2,090 | 43% | |
| Employee Capital Plans (PPK) | 6,168 | 2,663 | 55% |
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| Employee Pension Plans (e.g. PPE) | 53 | 8% | |
| Employee Capital Plans (PPK) | 396 | 223 | 33% |
| Grupa KĘTY S.A. | |||
| Employee Pension Plans (e.g. PPE) | 1,186 | 84% | |
| Employee Capital Plans (PPK) | 1,402 | 618 | 44% |
Striving for the attractiveness of the work offer, the Capital Group of Grupa KĘTY S.A. has been granting additional benefits. Locally, at the particular companies, their scope differs. These include Multisport cards, lunch vouchers, or additional holiday leave days as a function of the length of service at the Group. With regard to the fact that health and safety are our priorities, we have provided our employees and their families with a broad access to health care services based on the ‘Opieka medyczna S’ medical insurance programme. In 2023, the Capital Group allocated PLN 2,857,000 as subsidy for medical packages, covering 3,696 people, which represents 77% of the employees of our domestic companies. Temporary employees (working through agencies) are not eligible to the benefits.
Collective bargaining agreements
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GRI 2-30
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GRI 402-1
Regulations applicable to work rules, remuneration, incentive fund, and corporate social benefits fund describe in detail the conditions that must be met to obtain the respective benefits at the Capital Group companies.
Only Grupa KĘTY S.A. has its Corporate Collective Bargaining Agreement, which applies to all employees of the Company, i.e. 100% of its workforce. The agreement is a form of cooperation between the employer and trade unions, which represents the employees’ interests.
In the Code of Ethics and the Respect for Human Rights Policy, we have declared clearly that: we respect the rights related to the freedom of association and collective bargaining agreements; Within the Capital Group there are eight trade union organisations, whereas some of them represent the interests of the employees at several different companies.
Pursuant to the Trade Unions Act, the employer informs trade unions about any matters falling within their powers, in accordance with the deadlines laid down in the Act.