The Supervisory Board (SB) has a salary policy to determine the salary of the managers and the level of other component parts that make up remuneration. The policy is updated periodically. In determining the salary policy and the remuneration, De Regenboog Groep follows the Dutch remuneration code for directors in the healthcare sector (BBZ) set out by the Supervisors Associations (NVTZ) and directors (NVZD).
This code uses the sales volume to determine a minimum and maximum salary for the annual income. The SB has carried out the calculations to be applied to De Regenboog Groep. The actual gross annual management income relevant for the assessment in accordance with NVZD norms has remained at €92,153 since 2011. This remuneration has remained within the NVZD norm of up to €129,591. Including premiums for social securities and pensions, employers' charges and taxable allowances, the annual income of the director amounts to €124,204 (1 FTE/12 months). This salary was also tested in 2015 against the new ‘salary cap for senior executives in the care and wellbeing sector’ regulation.
The SB has determined that the salary should fall into class C5. The current salary also falls within the norm. We will provide further explanation on the amount and composition of the salary in the annual accounts at the division of costs, 2015.