This year, Stellantis will distribute nearly €1.9 billion to employees around the world in recognition of their performance and contribution to the company's 2023 financial results and goals, both globally and locally. Since its formation just over three years ago, Stellantis has distributed €6 billion to employees around the world.
The “Ethics” pillar
Since 2021, Stellantis has been committed to sharing its success with its collaborators, strengthening the “Ethics” pillar dedicated to employees, customers and the goal of zero carbon emissions. In 2023, approximately 95% of employees worldwide have benefited from a “pay for performance” approach that recognizes people's contribution to the company's success.
The “Shares to Win” plan
Last year Stellantis launched the “Shares to Win” employee share ownership plan as a pilot initiative in Italy and France, with an additional contribution of 1,000 euros offered by the company. In 2024, Stellantis plans to extend this program to 242,000 eligible employees worldwide, following the same incentive guiding principles. “In an extremely demanding and competitive environment, all Stellantis employees can be proud of what we have built together over the last three years. For this, I would like to express sincere thanks to each of them,” said Carlos Tavares, CEO of Stellantis. “The excellent results achieved by the Company allow us to distribute almost 1.9 billion euros in the form of profit sharing and variable bonuses for the third consecutive year. These profit sharing and variable compensation programs not only reflect the achievements and successes of our employees but also represent a fair recognition of their commitment to working successfully as a team.”
#Stellantis #billion #euros #employees #Formulapassion.it