December 28, 2025 08:28 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
CBI moves Supreme Court challenging Kuldeep Sengar's relief in Unnao rape case | Music under attack: Islamist mob attacks James concert with bricks, stones in Bangladesh, dozens hurt | Christmas vandalism sparks mass arrests in Raipur; Assam acts too with crackdown on 'religious intolerance' | BJP's VV Rajesh becomes Thiruvananthapuram Mayor after party topples Left's 45-year-rule in city corporation | ‘I can’t bear the pain’: Indian-origin father of three dies after 8-hour hospital wait in Canada hospital | Janhvi Kapoor, Kajal Aggarwal, Jaya Prada slam brutal lynching in Bangladesh, call out ‘selective outrage’ | Tarique Rahman returns to Bangladesh after 17 years | Shocking killing inside AMU campus: teacher shot dead during evening walk | Horror on Karnataka highway: sleeper bus bursts into flames after truck crash, 9 killed | PM Modi attends Christmas service at Delhi church, sends message of love and compassion

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