We have an ethos and appreciation for the commitment, diligence, care and attention that goes into being a Sanlam employee. This is why we reward exceptional performance and recognise excellence because it is our way of showing our people the respect they deserve. Sanlam follows a total rewards approach comprising remuneration (which includes a cash salary as well as short- and long-term incentives), benefits, learning and development, as well as an attractive work environment.

Our reward philosophy is based on the following globally-benchmarked principles.

• We pay for performance and special incentives are created for superior performers.
• We offer competitive remuneration.
• We are fair and consistent in our reward approach

In addition to the Group benefits, Sanlam offers a Group-wide recognition programme called Applause. Applause caters for group and business specific awards which support business drivers and strategy. The most notable recognition awards being the Group Chief Executive awards. All awards recognise employees for living the Company’s values and puts the focus on not only what we do but also the way in which we do it.

All programmes are aimed to recognise those employees that contribute to our culture of creating a world worth living in and to help people live their
best possible life within it.