In all personnel groups, employees’ salaries are based on the job grading. In 2008, Salcomp paid a total of EUR 45.4 million in salaries and fees.
Salcomp has a salary-based bonus program for the entire personnel and an option program for key personnel.
The aim of the bonus program is to encourage employees to achieve peak performances by sharing the Group’s success with the personnel, and to enhance the commitment of personnel to the established goals. In 2008, the bonus program indicators included the Group’s operating profit and cash flow. In addition, various indicators linked to processes, personal targets and projects were used as indicators, as well as local production targets.
The Annual General Meeting 2007 approved an option program for key personnel, used as part of the incentive and commitment system. The target of the option program is to commit, in the long run, those key employees who have an essential influence on Salcomp’s success.
Bonus program
Salcomp's option program