Our Global Short Term Incentive Plan (GSTIP) is a discretionary cash bonus plan designed to drive exceptional performance across Vodafone and reward you for your commitment and contribution during the year. You can find out more by watching this short video.
The bonus calculation operates by multiplying the following:
As calculated on 31 March 2023
Business performance multiplier
0% – 200%
Your business multiplier will be between 0% and 200%, and will be based on 70% Greece, 30% Group performance. The multiplier will be determined based on business measures and non-financial measures.
You can view the weighting of these measures for the Group portion of the multiplier here. For Greece, the weighting is as follows:
Your performance measures will be weighted 70% on local performance and 30% on Group performance.
For performance below threshold there is no payout.
The performance under each measure, which is capped at 200%, will be multiplied by its relevant weighting to give a final business multiplier percentage.
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