UPM paid EUR 61 million as incentives to employees in 2019
(UPM, Helsinki, 28 February 2020 at 10:15 EET) - UPM paid a total of EUR 61 million as short-term incentives to employees in 2019. The incentives were paid for the good 2018 results. The figures are outlined in UPM's Annual Report that was published today. Over the last five years, the sum has been EUR 61 million per year on average. UPM's incentive schemes brought on average an additional 6.6% of annual income globally to personnel in the 46 countries of operations. At the end of 2019, UPM had 18,742 employees. The incentives are determined by the financial indicators, of which EBITDA