Rewards Philosophy

At Konecranes, we aim to attract, retain and motivate talented employees through our rewards philosophy. We emphasize incentives and learning opportunities as drivers and as vital parts of the total employee experience. We link rewards to performance and achievements in all levels in the organization.

Our rewards are designed to promote high performance and commitment to our business targets. Konecranes reward schemes drive competitiveness and long-term financial success of the Company, contributing to the positive development of shareholder value.

Konecranes positions itself to the employer market based on the locations of the employees and employee group. We are ready to invest more on markets where the employer position of Konecranes is low and where there are fewer career opportunities inside the company, as well as in fast-developing markets, such as high inflation countries. The definition of market varies also between employee groups. For operatives and staff, Konecranes predominantly uses local comparison companies and for management we compare ourselves with international companies based on management location.

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