CNH INDUSTRIAL EMPLOYEES IN ITALY TO RECEIVE CONTRACTUAL BONUS FOR 2016 RESULTS
London, February 7, 2017
CNH Industrial communicated today the salary bonus values for the Company’s Italian employees, payable in the forthcoming February pay slips, to the Italian Union Organizations. The bonus is related to productivity and efficiency gains achieved, as covered in the specific Collective Labor agreement applicable to all CNH Industrial employees in Italy.
The 2016 results vary depending on the performance achieved by each separate production unit, measured according to the WCM (World Class Manufacturing) system.
Given the substantial confirmation of the 2015 results, some of the most important plants, such as Foggia and Torino Engines, have maintained or improved their performance and will in turn receive average amounts of some €1,320. Other plants have also confirmed or increased their results from the previous year, including Brescia Commercial Vehicles, Lecce, Modena, San Mauro and Suzzara.
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.