Mexican Media Brands
FCA Announces Worker Bonus Plan
Fiat Chrysler Automobiles NV is launching a new productivity-based bonus plan for its hourly workers in Italy.
#labor
Share
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
-
UPDATE: UAW, GM Reach Tentative Labor Deal
General Motors Co. and the United Auto Workers union have reached a possible deal on a new four-year labor contract covering some 48,000 of the union’s hourly workers in the U.S.
-
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.
-
CEO Barra Steps into GM-UAW Talks
General Motors Co. CEO Mary Barra met secretly with United Auto Workers union leaders yesterday afternoon, according to the New York Post, which first reported the event.