In its remuneration policy, Metsähallitus is guided by the Government Resolution on State Ownership Steering Policy and the ownership policy guidelines for Metsähallitus for the years 2016–2020. Under the policy guidelines, remuneration must be must be fair and provide motivation for the personnel.
The remuneration is based on the objectives laid out in Metsähallitus’ strategy and it helps the Metsähallitus Group to work towards achieving these objectives. Metsähallitus and its subsidiaries apply similar remuneration practices as unlisted state-owned companies operating on a commercial basis.
The remunerations of the members of the Metsähallitus Board of Directors are set by the Ministry of Agriculture and Forestry. Members of the Metsähallitus management or Board of Directors do not have any benefits or supplementary pensions differing from ordinary employment relationship benefits.
Metsähallitus has a performance bonus scheme that covers all personnel (including the management). The bonus scheme is in accordance with the general policies laid out in state ownership steering. The Board of Directors decides on the bonus scheme, its objectives and the bonuses paid each year
The remunerations paid to the members of the Metsähallitus Board of Directors and the Chair of the Audit Committee
The remunerations and other fees paid to the Managing Director and Board members totalled EUR 378,560 in the financial year (2016: EUR 347,515).
Photo: Eeva Mäkinen