Annual report 2015

NOTE 9
SALARIES AND REMUNERATION
         
NOK 1 000
   
2015
2014
Salaries
   
63 544
46 508
Social security tax
   
10 878
17 717
Pension costs (note 15)
   
7 828
6 733
Other benefits
   
3 309
3 457
Total
   
85 559
74 415
         
Average number of man-labour years
   
36
38
         
Salary and remuneration to Group CEO
       
         
NOK 1 000
Salary
Bonus
Benefits in kind
Pension
John Giverholt
3 416
433
307
1 115
         
The Group CEO's bonus scheme is limited to MNOK 6,0. Bonus is based on the results achieved in the Group.
 
         
The Group CEO participates in Ferd's collective pension schemes for salaries below 12 G and is thereby entitled to a contribution scheme. The Group CEO also has a benefit scheme for a pension basis higher than 12 G, but with an upper limit of appr. MNOK 2,2, together with an early retirement pension scheme giving him the opportunity to retire at 65 years.
         
The Group CEO is entitled to 9 months severance pay if he has to resign from his position.
 
 
         
Fees to the Board
No specific fees have been paid for board positions in Ferd AS.

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