An internal memo Dagsavisen has gained access to, shows that there has been a sharp increase in the number of employees with high wages in the state-owned company.
In particular, wages have exploded since Anita Krohn Traaseth took over the top job last year.
memo from the company itself shows that “(…) there are major changes in wage levels compared to previous years.”
- There are 39 more this year which serve 800,000 per year or more.
- There are 11 more who earn 900,000 or more.
- There are also 11 more who earn one million a year or more.
- In total there are 136 pieces that serve 800,000 or more. 59 earn 900,000 or more, and 38 earns 1 million or more.
It is a piece of average wage in Norway, which in 2014 was approximately 500,000.
Downsizing
The dramatic wage inflation coincides with the organization’s right up in a restructuring phase. In the state budget for 2015 awarded the Innovation Norway (IN) a cut of 107 million. The consequence will be a workforce reduction of 60-70-years, wrote senior Anita Krohn Traaseth even in his blog this spring.
In the internal memo expressed concern that a new round of downsizing becomes necessary if not grants or wage policy changes.
It appears that progress has been remarkable, especially in the last year and can not be explained by normal salary increases.
“The trend also seems too large to be explained by competence shift, and may seem startling in a state-run enterprise.”
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Greater senior management group
1. February got IN a new and larger executive group of eleven members: seven women and four men. Nine have been recruited internally and two externally.
– The new senior management group consists of a larger number of managers now than before, beyond this we have no comments, says Leela Borring Låstad, Club Manager in the Finance Sector Union Innovation Norway. It is one of several associations that are represented with the club in the company.
– What should happen to come?
– The union representatives are concerned that wage growth eventually becomes less parallel for all groups of employees, says Låstad.
Will reduce managers
Information Department of Innovation Norway also refers to the new Senior Management team as an explanation for wages jumped, in addition to that some will have greater responsibilities.
They state that it is planned to do something with remuneration policy in Innovation Norway.
It appears that those in our decided to set a goal of reducing the number of managers at “managerial level 2″ from 69 to 43. The aim is to be in countries with this in 2016.
We are also working to establish a new “pay and job evaluation system.” This project will be completed in 2016.
Over incision
CEO of Innovation Norway, Anita Krohn Traaseth, even has a base salary of 2.5 million a year.
If you look at the other state-owned companies where the main objective of ownership is not commercial, so is Tråseth payday above the average in 2014. The cut in this category is 2.3 million, if one adds boss wages reported in ownership message basis.
At the top of this category thrones CEO of Gassco AS, with a total remuneration of 8.3 million. While the executive director of The Seed Såvarelaberatorium has the lowest salary of 626,000 kroner.
New regulations
Dagsavisen has previously revealed that the highest paid in state-owned companies earn much more than the Prime Minister. Erna Solberg receives an annual pay packet of about ten million.
In wholly state-owned companies is quite common that senior managers earn several times more than the prime minister.
Earlier this year, Industry Minister Monica Mæland (H) with new regulations to limit favorable retirement plans and would bonuses Fully or partially state-owned companies. Among other things, she sat a pension limit and a bonus limit of 50 percent of basic salary for managers.
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