Compensation and benefits
We expect a lot from our employees – and we also give back a lot to offer ideal working conditions. Flexitime models, trust-based working hours, generous pension benefits, numerous discounts, and special conditions for banking services play a central role in this respect.
The LLB Group has a modern, Group-wide remuneration model that is visionary for the banking industry and – depending on personal functional responsibility – includes individual and corporate performance. Corporate performance is measured by an annual performance comparison with a peer group of banks.
Individual target compensation
Target compensation is based on the employee's function and is reviewed in the annual compensation process. Adjustments are made on the basis of individual achievement of targets, behaviour, and performance in the previous year.
Target compensation consists of fixed compensation and a defined target bonus (variable compensation component). The effective bonus factor is determined by personal performance and relative management performance.
Working hours & holiday entitlement
Depending on your age and hierarchy level, you have between 23 and 30 days of holiday.
Increasing holiday entitlement
- Age 21 to 39 = 23 days
- Age 40 to 49 = 25 days
- Age 50 to 59 = 28 days
- Age 60 and up = 30 days
- Two additional days of holiday at the management level (up to a maximum of 30 days)
- Top management: 30 days
Working hours and flexitime*
The average work week is 42 hours with flexitime and trust-based working hours.
Additional days off
If the holidays are not sufficient in one year, it is possible to buy 5 or 10 additional days for the following year via a monthly wage deduction in consultation with the manager.
Part-time options – 90% or 80% workload
Take half a day or a full day off per week on a regular basis – employees and managers can work together to find solutions to reduce the workload to 90% or 80%.
Anniversary = time out
Every ten years we thank you for your loyalty and enthusiasm with an anniversary present: either monetary or in the form of an additional 20 days of holiday.
Health insurance & daily sickness benefit
Depending on your work location, you can benefit from various collective agreements with us.
Health insurance contributions*
Half of the national average of the compulsory basic premium for health insurance in Liechtenstein is reimbursed.
Daily sickness benefit*
In the event of sickness, we offer a continued salary payment of 100% up to a maximum of 720 days.
Depending on the location, you can benefit from various collective agreements with us.
Maternity & career
It is important for us to facilitate employees' return to work after their pregnancy leave.
In the event of pregnancy, you benefit from 20 weeks* of paid maternity leave with a full holiday entitlement.
Return to work
In the first year, the workload can be reduced to 60% if there is a mutual commitment to an 80% workload afterwards*
While mama's at work, the little ones are at the Villa Wirbelwind – the LLB-supported day care in the centre of Vaduz.
Security & mobility
At each of our locations, our employees have fixed or day parking spaces available to them, for which they pay a contribution. If you prefer public transport for your commute, we offer financial support for subscriptions and the parking waiver.
We take out occupational and non-occupational accident insurance for you on a private patient basis with 100% continued salary payment.
Calculation of the insured salary is based on the target compensation (fixed salary plus target bonus). There are various options for the amount of contributions. In the standard plan, we take over 2/3, and you pay 1/3 of the savings premium. Early or gradual retirement from the age of 58 is possible.
Discounted banking transactions
When we do business with you as a bank, our service is carried out between colleagues. This entails financial benefits for you:
- lower interest rates for loans
- preferential conditions for your savings account
- no charges for internal bank fees, commissions, and brokerage fees (exception: ticket fee)
- support for personal financial planning
- preferential rates for foreign exchange and banknote transactions for your own use
Find out in a personal conversation with us what other benefits we have to offer.