Remuneration & benefits

This page refers to remuneration and benefits applicable to EIF employees only.
For information regarding remuneration of members of the Governing Bodies, click here

The EIF offers a competitive employment and remuneration package composed of base salary, variable remuneration, benefits as well as health and pension schemes. Additionally, EIF offers flexible work arrangements in a modern and hybrid environment.

Compensation and benefits are explained fully during the recruitment process and benefits are detailed in the Staff Regulations, which form an integral part of the employment contract.

Compensation

• Salary
  EIF salaries are designed to be competitive, to take into account the individual candidate’s professional experience, differing levels of responsibility, job complexity and to motivate and encourage performance.  
  
  There are 9 Grade levels at the EIF. The corresponding salary bands are available below (minimum and maximum for each band).

Salary Bands (in gross terms):

• Income tax
  The Protocol of Privileges and Immunities of the European Union applies to our staff.
  
  You are liable to pay income tax to the European Union on your EIF salary and pensions. We withhold this tax at source. You are exempt from paying national taxes on your EIF income.

• Tax scale
  The tax scale is progressive: the greater the taxable income, the higher the rate of tax. The scale is divided into income brackets with increasing percentages of taxation, from 0% to 45%. The original tax scale was laid down in 1968 by EC Regulation No 260/68 on tax, with a coefficient of 100%. This coefficient is readjusted on a regular basis by the Council of Ministers of the European Union and published in the Official Journal.