XML 45 R22.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Executive compensation plan | 12 Months Ended
--- | ---
Dec. 31, 2017
Disclosure Of Sharebased Payment Arrangements Explanatory [Abstract] |
Disclosure of share-based payment arrangements [text block] | Note 16 Executive compensation plan The Company currently has a compensation plan with the purpose of motivating the Company’s executives and encouraging them to remain with the Company, by granting payments based on the change in the price of SQM’s shares. Average Share Price Spread Plan characteristics This compensation plan is related to the Company’s performance through the SQM Series B share price (Santiago Stock Exchange). Plan participants A total of 39 Company executives are entitled to this plan, provided that they continue to work for the Company through to the end of 2020. The payment dates, if applicable, will be during the first quarter of 2021. Compensation The compensation payable to each executive is calculated by multiplying a) by b):
| a) | The average price of Series B shares on the Santiago Stock Exchange during the fourth quarter of 2020, at its equivalent amount in United States dollars (with a maximum amount or limit amount of US$ 54 per share),
| b) | By a number equal to the quantity of shares that have been individually assigned to each executive included in the plan.
This compensation plan was approved by the Company’s Board of Directors and its application started on January 1, 2017. The plan’s effect considers 533,476 shares with an impact amounting to ThUS$ 6,487 on the profit and loss for the year ended December 31, 2017, which is recognized on an accrual basis

X
- Definition The entire disclosure for share-based payment arrangements. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2017-01-01 -Paragraph 44 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2017-03-01&anchor=para_44&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | sqm_DisclosureOfSharebasedPaymentArrangementsExplanatoryAbstract
Namespace Prefix: | sqm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration