Sick Leave, Bonus and Key Dates

Sick leave, bonus and key dates

Useful information on tools, STIP/SIP and savings schemes

Long-term sick leave and access to tools

During the first six months of sick leave, the employee keeps their PC, phone and access to TalentLink with an active status.

In the event of extended leave, Management may request that equipment be returned.
After more than three months with no activity on TalentLink, access may be automatically suspended.
From six months onwards, the status switches to “suspended” in TalentLink, with access cut off within three days, unless there are regular connections.
If access is cut off, GSR / STIP-SIP information remains available through the manager or HRBP.

CFE-CGC advises against regular connections during sick leave: if you are on sick leave, there is a reason for it.

Sick leave and impact on bonus

Employees on sick leave or maternity leave remain eligible for the bonus.

Presence < 3 months Collective STIP objectives are paid according to actual results. SIP sales objectives are assessed at the manager’s discretion. Individual objectives are paid at the target rate.

Presence ≥ 3 months Collective, sales and individual objectives are assessed based on actual results.

Calculation example

€3K

For an annual salary of €60K, a 10% target STIP and six months of sick leave.

If Schneider Electric actually pays €30K over the year, the maximum bonus is calculated pro rata: 10% × €30K = €3K, then adjusted according to objective achievement.

Key dates

From 21 April to 11 May 2026 at 5 p.m.: WESOP subscription period, with the possibility of purchasing Schneider Electric shares at €210.45.

From 4 May to 27 May 2026: placement of paid leave not taken by 31 May 2026 into the CET, up to 5 days per year for a full-time employee.

From 4 May to 3 June 2026: monetisation of CET days into PERECO and/or PERO, up to 10 days.

From 4 May to 3 June 2026: set-up of monthly voluntary payments into PEG, with later payroll deductions.

Please note

Voluntary payments may concern PERECO and/or PEE, excluding WESOP.

A tax-exemption option is available for PERECO.

Your contacts

Your CFE-CGC Schneider Electric elected representatives