February 20, 2026 03:39 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
PM Modi warns ‘AI must not control humans’ as India unveils bold tech vision at AI Impact Summit 2026 | Former South Korean President Yoon Suk Yeol sentenced to life over failed martial law bid | Tata Group joins hands with OpenAI in massive AI push to transform India and global industries | Epstein Files row: Bill Gates to skip keynote address at AI Summit 2026 | AI Impact Summit: Google launches game-changing America-India Connect plan with $15 billion backing | AI takes centre stage as Modi meets Google CEO Sundar Pichai in Delhi | G7 Spotlight: Emmanuel Macron invites Narendra Modi for 2026 Summit | AI Summit embarrassment! Galgotias University asked to vacate stall after ‘own robot’ exposed as China’s Unitree Go2 | Actor Rajpal Yadav granted interim bail in ₹9-crore cheque bounce case | Learn AI or become redundant: Microsoft India President issues stark message

2015 bonus for FCA employees in Italy

| | Feb 04, 2016, at 09:15 pm
Rome, Feb 4 (IBNS) Fiat Chrysler Automobiles on Wednesday said it notified trade unions of the amount of the 2015 efficiency bonus to be paid to all Group employees in Italy in February, as provided in the FCA collective labor agreement.

Measurement of actual performance, which may vary by production unit, is based on the World Class Manufacturing (WCM) system.

"At Group level, the average bonus will be equivalent to 4.5% of base annual pay. Combined with quarterly bonus amounts already paid, the total bonus for 2015 will average 6.0% of base annual pay," the company said in a statement.

The new compensation scheme introduced in July 2015 provides all Italian employees direct participation in achievement of the productivity, quality and profitability targets established in the Group’s business plan.

In 2015, FCA significantly outperformed all targets set for the year. Despite some changes in market conditions compared with the assumptions underlying the plan, the Group, with the contribution and support of all employees, has reacted rapidly and decisively to ensure that it remains on track to achieve the targets set for 2018.
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm