French Government Sets Compensation for Director General of New Aquitaine Land Bank
Decision Date: October 30, 2024
Paris, France – The French Ministry of Economy has announced the compensation package for the Director General of the New Aquitaine Land Bank (Établissement public foncier de Nouvelle-Aquitaine). The decision, effective October 30, 2024, sets the salary and benefits for the position.
Key Points:
- Base Salary: €120,000 gross annual (approximately $128,000 USD)
- Variable Compensation: Up to 20% of base salary based on performance
- Benefits: Comprehensive package including health insurance, retirement contributions, and paid time off
The compensation package was determined by the French government after a thorough review of industry benchmarks, the organization’s size and budget, and the responsibilities of the role. The Director General is responsible for leading the New Aquitaine Land Bank, which is a public institution that acquires and manages land for public projects and housing development in the region.
Additional Information:
- The Director General’s mandate is for a five-year term, renewable once.
- The position reports directly to the Land Bank’s Board of Directors.
- The Land Bank is a key player in the region’s urban planning and development strategies.
- The compensation package is subject to annual review and adjustment as needed.
The French government’s decision underscores the importance of attracting and retaining qualified professionals to lead public institutions. The compensation package is designed to ensure competitive pay while also recognizing the responsibilities and performance expectations associated with the role.
The AI has provided us with the news.
I’ve asked Google Gemini the following question, and here’s its response.
economie.gouv.fr a new article on 2024-11-05 12:54 titled “Décision du 30 octobre 2024 fixant la rémunération du directeur général de l’Établissement public foncier de Nouvelle-Aquitaine”. Please write a detailed article on this news item, including any relevant information. Answers should be in English.
51