Financial and Social Opportunities
Remuneration and Prizing
Remuneration system in Garanti Asset Management is carried out using a job valuation methodology based on objective criteria, independent of individuals and/or their performances, based only on the tasks completed and resulting in maintenance of the balance in internal wages and protecting the competitive position of wage levels with market data. Salaries are paid in 12 gross salary installments and are increased twice a year, in July and January. The rate of rise is based on an analysis of the wage data of other finance companies selected for wage research.
Results of individual and team performance are reflected on Success Premiums (EVA) calculated on data obtained from success of portfolios currently managed and from Performance Management interviews made once every year. Both individual and team targets are established to attain other targets established for all employees in line with the annual work plan, in addition to "benchmark" targets related to managed portfolios. The Performance Management process carried out with attaining concrete/measurable targets and evaluation of competencies is also utilized for basic HR applications such as career development and analysis of training requirement.
The effect of personal performance on team performance and finally on the general performance of the corporation is taken into consideration and our HR policies meeting all efforts with the main target of the company constitute the basic support of HR applications.
Our Prizing Principles;
- Encouraging superior performance,
- Retaining experienced and successful employees,
- Sustainable improvement of performance,
- Orienting the benefits of employees and stakeholders to the same objective.
Social Opportunities
- Health and Life Insurance: Our employees are provided with private health and life insurance beginning on the date of their recruitment.
- Lunch: Monthly meal cards are given to our employees in due consideration with the legal limits and market conditions.
- Transport: Urban transport service is provided along various routes to our employees to facilitate their travel to and from their workplaces.
- Other: All of our employees can use the Sports Center in Garanti Bank Head Office Building. In addition, all Garanti Asset Management employees can benefit from various advantages offered for the products and services of Doğuş Group.