The compensation of blue-collar and white-collar workers is determined by the pay systems of collective agreements. The compensation of senior salaried employees is agreed individually and job evaluation is performed using the IPE system (International
Position Evaluation). Successes and good performance are rewarded through the performance bonus and profit-sharing scheme, which applies to all Patria personnel. Most staff members can receive a maximum annual bonus and profit share equalling 1.8 month’s salary. The average realisation of the performance bonus and profit sharing has been roughly 50%.
Patria has a compensation fund pursuant to the Act on Personnel Funds in place, and approximately 20% of Patria personnel haveinvested their bonuses and profit shares in the fund since 2015.
Patria offers flexitime to its entire personnel. The organisation has been able to arrange part-time work, job rotation and study leave opportunities.
Additional information about Government ownership steering