Compensation and Benefit:

At Siemens we set great store by offering our employees competitive and attractive remuneration packages. These are comprised of compensation and benefits. The exact composition of your package is based on the usual conditions prevailing in regional markets.

Typical Pay Composition at Siemens:

Fixed pay
 
Your fixed salary is based on the technical and personal demands placed on your position and on your individual input. This part of your salary does not vary.
 

Performance-related pay
 
This is a reward for the achievement of agreed targets and is formulated at a company, business unit, project or individual level. For senior management positions, performance-related annual benefit components are complemented by additional incentives for the achievement of long-term targets.
 

Benefits
 
In addition to your compensation at Siemens you also receive other benefits in cash or in kind, for example, in the following areas:

Risk Protection
 
Many Siemens companies offer additional, voluntary benefits in the area of accident, invalidity and life insurance.

 
Health and Well-being
 
In many cases, Siemens companies offer a range of items in different areas of health and well-being that top up statutory programs and help employees to find an individual balance between work and private life.

Fringe Benefits
 
Depending on regional conditions and usual local benefits, Siemens offers additional fringe benefits and perks (e.g. company car, company canteen, products and services at special prices).