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Economics & Business News

A thousand key employees will become shareholders of Sberbank

Sberbank's board has launched a long-term incentive program for the most effective employees, according to a press release received on Wednesday, December 29, at the editorial office.

As a result, already within the initial cycle of the program, thousands of key employees of the company will receive part of the reward with Sberbank shares.

The program of long-term motivation of employees with company shares is an effective global practice for the preservation and development of talents, emphasized Sberbank CEO German Gref.

“We are glad that this year the most valuable employees of Sberbank got the opportunity to become shareholders and in the future will be able to influence the development of the company,” he said.

It is noted that the motivation program will contribute to the implementation of the goals of the Sberbank Strategy 2023.

The program provides for the implementation of the program in three-year cycles with the implementation of annual interim payments.

A thousand key employees will become shareholders of Sberbank