FCA Announces Worker Bonus Plan
Fiat Chrysler Automobiles NV is launching a new productivity-based bonus plan for its hourly workers in Italy.
#labor
Fiat Chrysler Automobiles NV is launching a new productivity-based bonus plan for its hourly workers in Italy.
The company offered few details. But it says the scheme will index the bonuses to the company's ability to meet quality, productivity and profitability targets set out in its 2015-2018 business plan.
FCA says it will pay bonuses totaling about €600 million over the four-year period if the company hits its goals.
RELATED CONTENT
-
Japanese Models Top “Most-American” List
The five most “American” models sold in the U.S. in terms of local content and labor all carry Japanese brands, says Cars.com.
-
Denmark, 10 Other EU Members Urge Piston Ban
Denmark and 10 other member nations of the European Union have urged the region to allow them to end gasoline and diesel engine sales by 2030.
-
UPDATE: Unifor Ratifies GM Labor Pact by 86% Margin
Hourly workers at General Motors Co.’s CAMI assembly plant in Ingersoll, Ont., will vote today whether to accept an agreement to end a strike they began on Sept. 17.