Stellantis rewards its employees

Stellantis will redistribute approximately €1.9 billion to its employees as part of its variable compensation program.

Anything that supports the recognition of good work is a good thing, and Stellantis understands that well. Furthermore, what better way for a company to acknowledge its strong performance than by redistributing a portion of its profits to its employees!

In 2023, about 95% of the group’s employees worldwide benefited from the “Pay for Performance” approach, in recognition of their contribution to the company’s success. An intelligent compensation and benefits policy, both fair and aligned with market practices.

In France, Stellantis states that its employees will receive at least €4,100 under the agreement, which corresponds to more than 2.5 months’ net salary for the lower salary levels. A valuable bonus added to a salary increase of 4.3% announced last December for the lower salary brackets.

To more closely involve its employees in the company’s success, Stellantis last year launched, in Italy and France, its first employee share ownership plan “Shares to Win”. The first edition this year allowed 31% of employees to acquire shares of the company at preferential conditions. Employees were able to become owners of their employer with a 20% discount on the share price and an employer contribution in the form of a 100% matching up to €1,000 of the personal amount invested. Stellantis plans to expand this scheme to 242,000 eligible employees worldwide in 2024, with similar incentive conditions.

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