Our policy is to give our employees a total compensation aligned with the local market. On a global level, employees can join in as an owner through our employee ownership program.
Skanska's policy is to offer a total compensation to the employee which is in line with the local market.
Skanska Employee Ownership Program
In 2008, the first three-year Skanska Employee Ownership Program (SEOP) was introduced to further strengthen Skanska's attractiveness to new and existing employees. It was aimed at all permanent employees, for the purpose of attracting and retaining employees and strengthening their affinity with the Company. The program became a success and a second program was launched for 2011-2013.
Currently, participation in the program is almost 20 percent of Group employees. Through SEOP, employees collectively became the fourth largest shareholder in Skanska.
Awarded one of the best employee ownership programs in the world
In 2012, SEOP was awarded GEO Award, as one of the best employee ownership programs in the world, according to the Global Equity Organization. GEO is an organization dedicated to advancing knowledge and understanding of equity compensation worldwide. It has more than 4,500 individual members representing over 1,500 companies and professional firms in more than 60 countries around the world. The program was honored for its performance criteria which are “clearly communicated, measurable, challenging but attainable, aiming to arrive at a win/win situation for shareholders, the company and the employee”.