CNH Industrial employees in Italy to receive contractual bonus for 2018 results
The 2018 results vary depending on the performance achieved by each separate production unit, measured according to the WCM (World Class Manufacturing) system.
In 2018, all CNH Industrial production sites in Italy, that are involved in the WCM program, have reached or exceeded the minimum level in efficiency gains, which warrants the bonus payment. Furthermore, two plants achieved new WCM levels over the course of the year: Bronze for Brescia Mezzi Speciali and Silver for Jesi.
The manufacturing premises that benefit from a higher reward bonus compared to last year include: Brescia Mezzi Speciali, Foggia, Jesi, Lecce and San Mauro. Employees at Jesi, together with those of Suzzara and Torino Motori, will be receiving average amounts of some €1,100. Employees that do not directly work at a production site, but are employed in Italy, will also receive a higher bonus compared to last year.
The Company’s remuneration policy, introduced in July 2015, foresees the direct engagement of all employees in achieving productivity results, quality and profitability within its strategic business plan.
London, January 31, 2019
Media RelationsMedia RelationsUnited Kingdommediarelations@cnhind.com0044 207 7660 346
MORE FROM CNH INDUSTRIAL CORPORATE
CNH Industrial announces senior appointment
CNH Industrial reported strong Q4 and full year 2018 results. Consolidated revenues of $29.7 billion, with net income of $1.1 billion or $0.78 per share. Net industrial debt(3)(4) at $0.6 billion
ASABE names innovations from Case IH and New Holland Agriculture to 2019 AE50 list