ELTansatser

ELTansatser is a term used in Norwegian-language HR and governance discourse to denote the salary scales and related compensation arrangements for members of an organization’s Executive Leadership Team (ELT). It encompasses base salary, annual incentives, long-term incentive plans, pension and benefits, and other allowances. The term emphasizes the link between remuneration policy and governance.

Etymology and usage: The compound combines ELT, a common abbreviation for Executive Leadership Team, with ansatser, the Norwegian word for pay scales or rates. ELTansatser appears primarily in internal policy documents, annual reports, and HR manuals within Norway and other Norwegian-speaking contexts.

Determinants and scope: ELTansatser are typically set by remuneration or compensation committees, guided by market benchmarks, organizational strategy and performance, and statutory or regulatory considerations. They may be disclosed in public sector budgets or corporate disclosures, while some details can be redacted in private firms. Common components include base salary, annual bonus, long-term incentive offerings, pensions, and various benefits.

Rationale and issues: Proponents argue that aligned ELT compensation supports strategic leadership, attracts and retains senior talent, and ties rewards to performance. Critics raise concerns about transparency, fairness, and potential misalignment with broader organizational outcomes, particularly when disclosures are limited or pay multipliers are high.

See also: Executive compensation; Remuneration committee; Pay scale; Corporate governance.