Boeing Ties Employee Incentive Plan to Company-Wide Performance
Boeing has introduced a significant change to its employee incentive plan, tying annual bonuses for over 100,000 employees to company-wide performance. This shift in approach aims to promote a culture of collaboration and shared goals across the various business units, rather than individual unit-specific objectives. The move is part of a broader effort by CEO Kelly Ortberg to drive cultural change and improve employee engagement.
- This new approach could potentially lead to more cohesive decision-making within Boeing, as employees are incentivized to prioritize company-wide success over localized interests.
- What implications will this shift have for the long-term sustainability and resilience of Boeing's business units in the face of increasing competition and external pressures?