Since its inception, 6 billion euros have been distributed
From the very beginning, Stellantis made a strong choice to involve its employees in its success. With this redistribution, the total rises to a whopping €6 billion, pouring into the pockets of its employees around the world. An approach that is firmly rooted in the “Engagement” of the Stellantis Dare Forward strategic plan.
In 2023, nearly 95% of Stellantis employees worldwide used Pay for Performance, underscoring the company’s strong desire to recognize and reward its teams’ contributions to its success. The group explains that this approach stems from a constructive dialogue with trade union organizations in the countries where it operates in order to establish fair remuneration policies in line with market standards.
A minimum of 4,300 euros in your pocket
Carlos Tavares, CEO of Stellantis, expresses pride and gratitude to every employee of the company. For him, the colossal redistribution of almost 1.9 billion euros is not only a recognition of individual performances, but also a well-deserved reward for the collective contribution to the triumph of Stellantis.
Participation and profit-sharing bonuses lead to a minimum of €4,100 gross per employeecompared to 4,300 euros in 2022 and a maximum of 6,000 euros, explained Xavier Cherot, the group’s human resources director, during a press conference.
At the same time, Stellantis is expanding its commitment to its employees with the “Shares to Win” employee equity plan, which will be in place in France and Italy from 2023. Accompanied by a substantial employer contribution in the form of a matching contribution of €1,000. , this plan will be expanded to 242,000 eligible employees worldwide in 2024.
This strategy demonstrates the importance of fostering the success and commitment of your employees. This is part of strengthening entrepreneurship and achieving the ambitious goals of the Dare Forward 2030 strategic plan.
As such, Stellantis strongly adheres to its approach of putting employees at the center of success, emphasizing recognition, rewards and mutual commitment.
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Source: Auto Plus
Robert is an experienced journalist who has been covering the automobile industry for over a decade. He has a deep understanding of the latest technologies and trends in the industry and is known for his thorough and in-depth reporting.