The jet maker is overhauling how it pays employee bonuses to emphasize quality and safety over meeting financial targets. Under fire for production snafus, Boeing is overhauling how it pays employee bonuses to emphasize quality and safety over meeting financial targets. The biggest shift will be in the company’s commercial unit, its largest, where safety and quality metrics will now account for 60% of annual bonuses. Previously, financial incentives comprised 75% of the annual award, while the remaining 25% was tied to operational objectives including quality and safety. {{^adFree}} {{/adFree}}Metrics that will determine the rewards include employee safety, work done out of sequence on the assembly line and so-called rework required to fix problems.
Source: Wall Street Journal March 08, 2024 04:02 UTC