Head of the VZP to receive generous bonus for 2017

The head of the state-insurer VZP, Zdeněk Kabátek, will receive a bonus of 1.215 million crowns for 2017, 90 percent of the maximum possible amount, Zdeněk Hřib, a member of the administrative board confirmed on Monday.

He said the original recommendations of 100 percent and 95 percent had not found backing.

The head of the VZP earns a gross monthly wage of 225,000 crowns per month.

VZP is the country’s largest insurer, providing coverage for 5.9 million people.

Author: Jan Velinger