Ferrari signs new Performance bonus agreement for its Italian workforce, further investing in its employees.
September 26 2019 - 1:09PM
Ferrari signs new Performance bonus
agreementfor its Italian workforce, further investing in its
employees.
Maranello, September 26, 2019 – Ferrari N.V.
(NYSE/MTA: RACE) and the trade unions yesterday signed a new
Performance bonus agreement, which will be in force from 2020 to
2023, in the context of the trade union relationships as normed by
the Collective labour agreement (CCSL).
The agreement improves the economic conditions
and places a strong focus on training, parenting and
sustainability. New training modules have been designed to address
topics not directly linked to specific job skills, but rather aimed
at further engaging Ferrari employees in the Company’s activities,
values and history.
As a result of the Company’s positive results,
the Performance bonus has been redefined and will increase over the
next years. The bonus will depend on production, financial and
quality-related KPIs and on the contribution of each employee to
the results of the Company.
This incentive scheme is part of the Company’s
broader welfare system, which aims at putting Ferrari women and men
at the heart of every activity. The growing focus on training,
bonuses linked to the improvement of products and processes, free
medical examinations for employees and their families,
scholarships, and the meticulous attention paid to the working
environment are just some of the initiatives through which Ferrari
supports its employees in reaching their full potential, in the
belief that its People are the most important source of
innovation.
- FNV_Accordo_premio_competitività_ENG
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