Investor Presentaiton
80
ANNUAL INTEGRATED REPORT 2021 | AXTEL
MANAGEMENT TEAM BENEFIT PLAN
Component
Alignment with
business strategy
Base salary
Fixed
remuneration
(benefits)
Variable
remuneration
Social benefits
Target
To align fixed and variable
compensation to the company's
strategic objectives.
To provide competitive total
remuneration in the benchmark labor
market to attract and retain the best
talent.
Attract and retain talent.
Comply with the legal framework and
ensure competitiveness with respect to
the market.
Reward the achievement of individual
and group objectives and reinforce the
alignment of the management team
with shareholder interests.
Provide equity stability to the executive
and deal with contingencies, retain
talent.
Description
Fixed compensation is defined based
on the reference market. While
variable compensation incentivizes
the achievement of strategic
business objectives by being linked to
performance.
Salaries are reviewed annually in
accordance with business results, the
macroeconomic environment, salary
surveys, and performance.
The benefit plan is defined based on
labor market references and exceeds
those established by law.
Annual bonus plan according to the
meeting of operating and strategic
objectives.
Major medical insurance, life insurance,
emergency insurance and periodic
medical check-ups.
To support the functions of the Board of Directors in auditing
matters we have an Audit and Corporate Practices Committee¹. This
committee is comprised of three independent directors and chaired by
Enrique Meyer Guzmán.
2 Learn about the main functions of the Audit and Corporate Practices Committee at:
https://www.axtelcorp.mx/comite-de-auditoria/
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