COMPENSATION MANAGEMENT TEAM. Sami Kekalainen Bettina Mühlböck Chintana Siri Songkram . Agenda. Compensation Objectives & Policies Factors Affecting Wage Mix Finnish Regulation Salary & Incentives Structures Benefits Conclusion. Compensation Objectives.
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Chintana Siri Songkram
Equal rights law, child labor law, etc.
No legislated minimum wage
Parents and family take-off
Over time salaries (138h/4 moth; 250/year)
Night- and shift work bonuses
-can help to stimulate employees to think and feel more like partners and provide better service
-> €50,000 (base salary) + [€50,000 SOP*1,1 (growth of stock price) - €40,000]=€65,000