Incentives are one element of the company’s market-competitive total compensation package of pay, incentives, benefits and well-being programs. A cash bonus will be paid if the company meets its financial goals as measured using Economic Profit as adjusted to reflect core operating performance.
Economic Profit targets are very demanding and track with our goal to provide superior total shareholder returns. The targets are considered material information and will not be made public.
The incentive plans are designed to support a high-performance culture where employees are actively engaged in seeking customer-focused solutions to grow the business and increase economic profit. The objectives of the plans include: