Whether you are an employee of a Chrysler Group LLC company or not, there are some benefits that you can take advantage of if you are interested in working at one of the companies in the auto manufacturing industry. These include Performance-based bonuses, Buyouts, EGLE fines, and Domestic partner benefits.
Ram Telematics
Adding a Ram Telematics box module to a vehicle can help you to enhance your vehicle’s capabilities. The system can provide benefits such as financial transparency, driver safety, and operational efficiency. Moreover, the box can be installed on any vehicle model.
The Ram Telematics box module includes Apps Over the Air, Alexa and Google Home-to-Vehicle Assistant, and a 4G LTE Wi-Fi hotspot. The module also allows for automatic software updates.
With the help of the Ram Telematics Box Module, fleet owners can improve their vehicle’s performance. It also helps to identify coaching opportunities for unsafe driving behavior. In addition, the system can prevent unnecessary delays and fines. The module’s built-in cellular network allows for continuous improvement. It is engineered to help drivers reach the fastest speeds possible.
Domestic partner benefits
Until last year, Stellantis (STLA) was the corporate leader in providing domestic partner benefits to its salaried employees. The company’s spousal-centric health plan will be offered to approximately 14,000 salaried workers in the US. In addition to providing a benefit for the domestically-minded, Stellantis plans to discuss expanding its benefits offerings to hourly employees when the contract negotiations commence in 2023.
The name of the game is to provide the best of both worlds to employees. As such, the company is enhancing its existing benefits by offering its domestically-minded employees expanded access to its Total Rewards program. Specifically, the company is expanding its benefits eligibility to its children of salaried employees.
The Stellantis marquee will also be accompanied by other notable changes to the spousal-centric health plan. These include adding a new policy to allow employees to rent a vehicle under the company’s car operations and expanding its relocation assistance program. This is especially noteworthy given that the company operates in more than a dozen countries.
Buyouts
Earlier this year, Stellantis North America announced that it would offer a small number of salaried workers the opportunity to cash in on a buyout. The company said the buyout is part of its overall transformation to become a sustainable tech-mobility company. It also plans to invest about $35.5 billion into alternative fuel vehicles by 2025.
Aside from launching the first electric vehicle in the United States, the company is also making a bet that it can reduce its carbon emissions by 50% by 2038. It recently announced two new joint ventures to produce battery cells. Similarly, the company is announcing a move to work from home, though not all departments will be taking the opportunity.
Interestingly enough, Stellantis has offered a buyout to at least 58 salaried employees with at least 10 years of service. The company has not disclosed how many employees accepted the offer, but it is expected to be large.
Performance-based bonuses
Earlier this year, Stellantis announced that it was paying employees performance-based bonuses worth more than $1,343 at the current exchange rate. This equates to a whopping 6% of an employee’s annual salary. It’s a significant increase from the average bonus paid out last year. But does it make workers feel like they are appreciated?
In fact, a recent study by Aon plc found that 72% of organizations based their bonus programs on management discretion. However, these bonuses are not enough to make up for below-market overall compensation. Rather, companies must take other measures to cushion the impact of rising prices.
According to Stellantis’ spokesperson, the company’s new policy is meant to enhance employee engagement. It includes “pay for performance” incentives, as well as other measures to recognize the contributions of workers. Those initiatives will be discussed in upcoming contract negotiations.
EGLE fines
EGLE fines and Stellantis benefits are coming for residents of a Detroit neighborhood. The Department of Environment, Great Lakes, and Energy issued a draft consent order Monday, and the public has until November 2 to comment.
The Michigan Department of Environment, Great Lakes, and energy (EGLE) is the primary enforcer of air quality laws in the state. It investigates citizen complaints, and if necessary, issues violation notices and administrative consent orders. These actions generally take the form of a civil action. The fines from these actions are distributed to the State’s general fund.
The EPA is also investigating a civil rights complaint against EGLE for allegedly discriminating against residents of the Black community. This complaint was filed by the Great Lakes Environmental Law Center, which represents residents of Detroit. EPA’s External Civil Rights Compliance Office will have 30 days to respond to the complaint. If the EPA determines the complaint meets jurisdictional requirements, the agency will begin gathering information to assess its merits.