SignalTech/AI
ASML CEO FACES A HIGH - STAKES TEST : CHRISTOPHE FOUQUET BETS HIS PAY ON HAPPIER WORKERS AFTER A MAJOR CORPORATE SHAKE - UP
ASML CEO bets pay on happier workers after major corporate shake-up.
Context
What happened: ASML CEO Christophe Fouquet is tying executive bonuses and long-term rewards to employee feedback, using six survey questions to form a new Workplace Experience Index.
Key numbers: Engagement index fell to 73.5 per cent from 78 per cent a year earlier. Survey drew responses from more than 38,000 of about 44,000 employees.
Why it matters: The move follows a restructuring that changed jobs, managers and responsibilities, and the drop in staff satisfaction suggests the changes may be taking a toll on morale. ASML has not said how much pay will depend on the feedback.
What changed
ASML CEO Christophe Fouquet is tying executive bonuses and long-term rewards to employee feedback, using six survey questions to form a new Workplace Experience Index.
Why it matters
The move follows a restructuring that changed jobs, managers and responsibilities, and the drop in staff satisfaction suggests the changes may be taking a toll on morale. ASML has not said how much pay will depend on the feedback.