Rewarding performance and commitment
We want passionate and high-performance employees – and we reward their commitment with attractive, fair, and performance-based remuneration. We base our compensation structure on the principles of market comparability, fairness, transparency, and plausibility, and regularly adapt it to current developments. In 2016, with the implementation of our Talent Navigator, we also updated our remuneration system and made it even more transparent by consolidating roles and job profiles.
We pay target achievement bonuses as a percentage of basic salary and perform the salary reviews directly after the appraisals in order to emphasise our focus on performance. In addition to bonuses and premiums, our employees also receive special allowances such as Christmas and holiday pay. In the remuneration of staff at our Tchibo shops, we take our cue from collective agreements for the retail trade.
Recognising commitment and dedication: Tchibo Extras
An integral part of our corporate culture are the attractive voluntary employee benefits with which we recognise the dedication and commitment of our employees. These extras include pension schemes, health promotion initiatives, Group accident insurance that provides 24-hour coverage and therefore also extends to their personal life outside of work, as well as employee discounts on Tchibo products and travel. We also promote our employees’ safety of on their way to work with driving safety training, which is subsidised by the employers' liability insurance association.
As part of our company’s health promotion efforts, we offer our employees a comprehensive fitness range, especially with the leisure centre at our Hamburg headquarters. For a fee of just €2 a month they can participate in 30 sports and use the in-house swimming pool and weight room. Employees who live outside Hamburg are offered discounted gym memberships.
Social insurance: beyond active employment
As a responsible employer, we are also committed to our employees’ well-being beyond their active employment through various retirement provision measures. For more than 12 years now, we have offered all employees at Tchibo GmbH and our German subsidiaries a company pension scheme. The capital payment amount is based on the employees’ contractual position and how long they worked for the company. As part of the ‘collective bargaining and statutory pension provisions’, we also offer all Tchibo employees the option of building up an additional pension pot through payments that are exempt from taxes and social security contributions, and to which we make an annual employer contribution upon request. Our employees can also take out direct insurance through the company to cover possible shortfalls and as a further instrument of personal provision. On request, our HR department offers employees consultation about optimal, individual solutions.
Overview of our comprehensive benefits package
Flexible working hours systems including trust-based working hours, flex-time, part-time and work from home, sabbaticals
Pension benefits (e.g. group accident insurance, company pension)
Preventive healthcare, ‘Balance’ project
Employee discount and monthly coffee allowance
Subsidised public transport
Staff restaurant and cafeteria, coffee pantries on all floors with a range of coffee, tea, cocoa and mineral water, free to employees
Offers at the leisure centre
A company sports programme
Day-care places at the City Nord children’s day-care centre and at partner day-care facilities in the surrounding area
Organic Christmas roast
Organisation of festivals and parties