At the beginning of march, the SAS president and ceo Rickard Gustafson, the ut and told us that he and the other members of executive management should reduce their salaries by 20 per cent. The reason for this was coronakrisen, which hit hard on the flight at the beginning of the pandemic, where the majority of the flygplatsflottan was standing on the ground.
the reduction in management miljonlöner was not permanent, according to the same manner as many other big companies. Now, the increase in wages to the normal level, it applies to the whole of the SAS management team. The task is to be confirmed by the SAS, which refers to the fact that the cut was temporary.
" the Lead in the group cut their salaries by 20 per cent over a period of three months. The exact amount of time for the three-month period, has varied. There is no decision on further reductions, " says Vanessa Annamatz, SAS, editor-in-chief.
" There have been no salary increases for senior management, including the ceo. ”Bad timing” "It's particularly bad timing that the heads go back to their normal miljonlöner a time when many of us are out of work," says one flight attendant who did not want to be named in the following pages.
Vanessa Annamatz, SAS, editor-in-chief, said that negotiations are ongoing, they have already announced cutbacks.Photo by: < / b> SAS
to Return to the normal level of earnings for the company's top executives comes at a time when the SAS is in the final stages of the negotiations as to who will be kicked out if the company is forced to reduce capacity as a result of reduced flying.
SAS, miljardstöd by the state
the Company has previously reported, with up to 5 000 employees will be fired. this means that The 40 porcent of the employees to be fired. All of the people involved. In Sweden the risk up from 1 in 900 to be able to go. SAS chockbantning moved, not by the government's proposal for a capital increase of five billion Swedish kronor of the SAS to cope with the coronakrisen. The Swedish government is the company's largest individual shareholder, and has in the past indicated that they would like to get rid of the government ownership.
SAS is a tough time for the meeting, and the activities had to be cut in order to offset the decline, and done. Among the staff are surprised to learn that the top managers in the midst of the crisis, the way to raise their miljonlöner on as if nothing has happened in the past.
"It's particularly bad timing that the heads go back to their normal miljonlöner a time when many of us are out of work," says one flight attendant who did not want to be named in the following pages.
"It sticks in the craw of management to raise the lead right now because of the cuts which lie ahead," he said.
the SAS is expected to soon make public the employees get to go. Just a week after the midsummer, the information to be given to the employee.
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The annual salary is revised in 2019, amounting to 12, of 468 000. In a defined-contribution pension plan in which 40% of the annual fixed salary is paid as premiums to an agreed pension insurance. The retirement age will be 65 years of age. The annual general meeting determined the remuneration policies allows the board of directors may deviate from these guidelines if in an individual case are special reasons for doing so. The board of directors has considered that there are special reasons for departing from the principles of the pension contribution rate should not exceed a maximum of 30 per cent, since current market comparisons of ceo salaries in Sweden motivates a pension premium amounting to 40 per cent, and managing director Tom Gustafsons, the total compensation consisting of annual salary and pension benefits are thus considered market rates.
•Other benefits: Car and reseförmån, health insurance, and group life insurance.
SOURCE: the SAS group's annual report.
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