4. Personnel expenses
EUR 1,000 |
|
|
2019 |
2018 |
|
|
|
|
|
Wages and salaries |
|
|
-6,953 |
-7,115 |
Pension expenses |
|
|
-550 |
-668 |
Other personnel expenses |
|
|
-338 |
-229 |
Personnel expenses total |
|
|
-7,840 |
-8,012 |
|
|
|
|
|
|
|
|
|
|
Average number of employees during the period |
|
|
2019 |
2018 |
|
|
|
|
|
Management and administration |
|
|
10 |
12 |
Other personnel |
|
|
30 |
51 |
Total average number of employees |
|
|
40 |
63 |
|
|
|
|
|
|
|
|
|
|
Salaries, fees, remunerations and pensions to the management |
1 000 € |
Salaries, fees, remunerations 2019 |
Obligatory pension expenses 2019 |
Salaries, fees, remunerations 2018 |
Obligatory pension expenses 2018 |
|
|
|
|
|
Padma Ravichander, CEO as from 18 April 2016 |
-431 |
|
-465 |
|
|
|
|
|
|
Members of the Board of Directors: |
Neil Macleod, Chairman of the Board 24.9.2018- |
-55 |
|
|
|
Jyoti Desai, Vice Chairman of the Board 24.9.2018- |
-38 |
|
|
|
Conrad Neil Phoenix 24.9.2018 - |
-28 |
|
|
|
Kaj Hagros 15.5.2020- |
-19 |
-5 |
|
|
Anders Fernander 5.9.2020 - |
-9 |
|
|
|
Priyesh Ranjan 24.9.2018 - 1.7.2020 |
-16 |
|
|
|
Harri Koponen 2008 - 15.5.2020 |
-23 |
-6 |
-116 |
-29 |
Christer Sumelius 2001 - 15.5.2020 |
-13 |
|
-65 |
|
Pentti Heikkinen 2009 - 15.5.2020 |
-13 |
-3 |
-74 |
-29 |
Total |
-646 |
-14 |
-719 |
-58 |
|
|
|
|
|
| | | | |
The pension benefits of the members of Board of Directors are determined by the Finnish Employees Pensions Act (Tyel). The members of Board of Directors have no additional pension arrangements.
The CEO has a CEO contract, which is made according to Finnish law. The CEO is responsible for tax and other compulsory payments.