Annual Report 2011

Remuneration principles

2.2 Elements of the Board of Directors’ compensation

The members of the Board of Directors are compensated with an annual fixed cash fee whilst the Chairman is compensated for a fixed portion of his remuneration with Adecco S.A. shares (see section 3.1.1 “Board of Directors’ compensation and shareholding”). When determining the members’ and the Chairman’s compensation, the Board of Directors takes into account, at its own discretion, the various functions and responsibilities within the Board of Directors and its committees as well as the recommendation of the NCC.