Compensation Sub-Committee agrees compensation of FIFA President and Secretary General (FIFA.com)

The FIFA Compensation Sub-Committee and the FIFA President have agreed that the FIFA President’s gross basic salary will be CHF 1.5 million per year plus benefits. The Sub-Committee and the FIFA Secretary General also agreed that the Secretary General’s gross basic salary will be CHF 1.3 million plus benefits.

The Compensation Sub-Committee, chaired by Tomaz Vesel, has determined these figures by taking into account a number of factors, including two independent expert opinions prepared by external human resources consultants.

FIFA President’s compensation
Annual gross salary: CHF 1,500,000
Bonus for 2016: 0
Benefits: Car and lodging free of charge during term of office and contribution for expenses in accordance with FIFA’s expenses regulations (CHF 2,000 per month)

FIFA Secretary General’s compensation
Annual gross salary: CHF 1,300,000
Bonus for 2016: 0
Benefits: Car and contribution for expenses in accordance with FIFA’s expenses regulations (CHF 2,000 per month)

The Compensation Sub-Committee decided that bonuses would not be awarded for 2016 because the Sub-Committee members, the President and the Secretary General believe that FIFA’s current compensation policy is inadequate and open to malfunction and misuse. Bonus payments from 2017 onwards will be awarded in accordance with objective criteria related to FIFA’s mission and operations as well as the outcome of the organisational reforms that are currently being implemented.

All elements of the contracts of the President and Secretary General are in line with Swiss law and FIFA rules and regulations. All amounts paid this year will be presented in FIFA’s 2016 Financial and Governance Report. The Compensation Sub-Committee will regularly monitor the implementation of the contracts to ensure full compliance.

Furthermore, the Compensation Sub-Committee will conduct a comprehensive review of FIFA’s compensation policy and develop a new draft policy in the coming months that adheres to the organisation’s commitment to transparency and good governance.

The FIFA President’s annual compensation represents less than 25% of his predecessor’s compensation (average for 2010-2015 including bonuses).

The FIFA Secretary General’s annual compensation likewise represents less than 25% of her predecessor’s compensation (average for 2010-2015 including bonuses).

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