Compensation for senior management is based on factors such as work tasks, expertise, position, experience and performance. Senior management, and the rest of the Group, are offered an internationally competitive remuneration that can attract and retain qualified employees.
Senior executives receive a fixed salary, pension benefits and other benefits such as car benefits. The largest portion of the remuneration consists of the fixed salary.
The general principles of remuneration for senior executives are to be based on the position held, individual performance, the Group’s financial results and the remuneration being competitive in the country of employment.