Compensation system

The Board of Directors of Vaisala Corporation decides on the compensation of the President and CEO. The Board of Directors also decides on management compensation, based on a proposal from the President and CEO.

The compensation system of the President and CEO and management includes base salary and an annual incentive plan with a maximum bonus corresponding to 5-7 months' pay. The bonus plan is based on the revenue and profitability targets set by the board of directors. In addition, there is a three year plan based on the development of profitability and covering key employees.
Members of Business Management Group have a collective pension plan  in which the retirement age is defined as 62 years. The annual payments equal two (2) months salary.

The salaries and other benefits paid to the President and CEO are listed in the President & CEO section. Vaisala does not have a full-time Chairman of the Board.