Fiskars’ compensation philosophy and compensation structures are designed to be market-relevant and performance-based in that outstanding performance is rewarded more than average performance. For most of Fiskars’ employees, compensation consists of a base salary, bonus and benefits. The total compensation including bonus should be competitive when compared to the relevant market. For all employees, salary is based upon geographic location, level of responsibility, contribution to the business, experience and performance. The bonus practice supports the philosophy of performance based pay.
Updated February 18, 2019