The remuneration policy for Herenvest employees is adopted annually by the Management Board. As a guideline, the annual publication ‘Salary indicators for office and field staff’ of Bureau DFO is followed. This agency conducts research into the primary and secondary conditions of employment of various positions at the insurance intermediary and qualifies the positions for knowledge and experience.
All Herenvest employees work on a fixed salary. The level of the fixed salary for employees and partners is determined during the annual partner days in November.
Herenvest has no turnover bonuses, no profit-sharing scheme and no (conditional) 13th month. There are also no turnover-oriented remuneration schemes.
All Herenvest employees, our customers and network contacts may be eligible for an application fee for new customers.
Herenvest’s quantitative and qualitative remuneration policy is reviewed annually by the Management Board. This is done by means of a risk inventory.
We believe that Herenvest’s remuneration policy offers sufficient guarantees to be able to advise our clients without undue financial incentives. At the same time, we remain sufficiently competitive to retain qualified employees at Herenvest for a longer period of time.
Both are important in order to contribute to the satisfaction and therefore the continuity of the customer relationship. The probability that our advice and approach will lead to deliberate deception by employees with the sole aim of optimising their own remuneration is considered negligible by our remuneration policy.