Remuneration, compensation and compatibility
Senior management remuneration and compensation
Under Act 5/2006, of 10 April, regulating conflicts of interest of members of the Government and Senior Officials of the General State Administration, the only senior official who is also the highest-ranking manager at the company is the Chairman.
His remuneration is regulated by Royal Decree 451/2012, of 5 March, which includes the remuneration system for senior managers and directors in the public business sector and other organisations, and by the Order implementing it from the Ministry of Finance and Public Authorities of 30 March 2012.
In 2024, the President of Correos earned a gross annual remuneration of 185.725,05 euros, which includes 12 additional payments for years of service, awarded due to his position as a civil servant in a special service administrative role.
The following PDF document outlines the remuneration and indemnities received by the President in previous years:
Compatibility
Incompatibilities are regulated under Act 53/1984, of 26 December, on incompatibilities for Staff at the Service of Public Authorities, and under Royal Decree 598/1985, of 30 April, on incompatibilities for Staff at the Service of the State Administration, Social Security and subsidiary Entities, Bodies and Enterprises.
Information on compatibility resolutions can be found on the Transparency Portal of the General State Administration:
Budgets