Since 2012, the year when Grupo Argos began as a Holding, the performance of administrators began to be measured based on the fulfillment of short-term, long-term goals, and advances on sustainability; indicators that seek to improve efficiency, sustainability and profitability, while ensuring the operation of companies in the long term.
In the short term, employees participate according to their level of contribution as follows: Executives 62.5%, Senior Management 64.3%, Middle Management 72.7%, for others it is 100% since it has no variable long term. The short-term variable is composed of the following indicators:
- EBITDA
- Net Income of the Controller
- Primary Surplus
- Budget Execution
- Department / Business Indicators
In the long term, employees participate according to their level of contribution as follows: Executives 37.5%, Senior Management 35.7% and Middle Management 27.3%. The long-term variable is composed of the following indicators:
- ROCE (Return on capital employed)
- OCF (Operating Cash Flow) / EBITDA
- SPREAD TSR (Total Shareholder Return)
- Sustainability
In terms of sustainability, we have a vision to maintain high standards in ESE (economic, social and environmental) that ensure the sustainability of the company, which can be measured with external and independent qualifications such as DJSI. Our goal is to be included in the Dow Jones Sustainability Index (Global, Emerging or Mila), or obtain a higher score compared to the score obtained the previous year, and discuss once a year with the Board of Directors the progress of the strategy of Sustainability and compliance with the goals of reducing emissions, water consumption and human capital, and presenting to the Board of Directors a quantitative measurement of the externalities of the company, measuring what is delivered and taken from the environment. With the above we seek:
- (Attract new investors)
- Access to more efficient Capital
- Reduce financing costs