Levi's Pot O' Gold

Levi's Pot O' Gold

On June 12, 1996, Levi Strauss CEO Robert D. Haas put quite a chunk of Levi's owners' future fortunes where his mouth is by announcing what benefits specialists say may be the richest and most unusual employee reward program ever: If the company reaches cumulative cash flow of $7.6 billion...

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Veröffentlicht in:Bloomberg businessweek (Online) 1996-06 (3481), p.44
1. Verfasser: Hamilton, Joan O C
Format: Magazinearticle
Sprache:eng
Schlagworte:
Bonuses
Cash flow
Chief financial officers
Corporate objectives
Employee benefits
Employees
Haas, Robert D (executive)
Incentive plans
Motivation
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Beschreibung
Zusammenfassung:On June 12, 1996, Levi Strauss CEO Robert D. Haas put quite a chunk of Levi's owners' future fortunes where his mouth is by announcing what benefits specialists say may be the richest and most unusual employee reward program ever: If the company reaches cumulative cash flow of $7.6 billion for the next 6 years, each of the company's 37,500 employees in 60 countries will get a full year's pay as bonus.
ISSN:0007-7135
2162-657X