directorate general for administration and public employment

compensation scheme

Public company managers’ compensation scheme shall include a monthly compensation that shall not exceed the Prime-Minister’s compensation. It is set by a Council of Ministers resolution taking into account criteria resulting from the complexity, demand and accountability inherent to the position and also having regard to standard market practices for the activity sector in question.

Public company managers are also entitled to a monthly supplement to the amount of 40% of the corresponding basic compensation as representation expenses.

The monthly compensation of public institute board members of special regime in cases in which the respective organic legal texts expressly determine the application of the Public Managers’ Statute shall be set by an order, dully justified and publicized in the Official Gazette, from the Government members responsible for the finance and sectoral supervised areas.


Compensation Scheme
PresidentBasic compensationRepresentation ExpensesTotal

% of standard
amount*

Amount

% of basic
compensation

Amount
Group A company100%5,722.75 €40%2,289.10 €8,011.85 €
Group B company85%4,864.34 €40%1,945.74 €6,810.07 €
Group C company80%4,578.20 €40%1,831.28 €6,409.48 €


Vice-President
Basic compensationRepresentation ExpensesTotal
% of president’s
remuneration		Amount% of basic
remuneration		Amount
Group A company90%5,150.48 €40%2,060.19 €7,210.67 €
Group B company 90%4,377.90 €40%1,751.16 €6,129.07 €
Group C company 90%4,120.38 €40%1,648.15 €5,768.53 €


MemberBasic compensationRepresentation ExpensesTotal
% of President’s
compensation		Amount% of basic
compensation		Amount
Group A company80%4,578.20 €40%1,831.28 €6.409,48 €
Group B company80%3,8910.47 €40%1,556.59€5.448,06 €
Group C company80%3,662.56 €40%1,465.02 €5.127,58 €


* Standard amount is the Prime Minister’s gross monthly basic compensation.