We support the United Nations Declaration of Human Rights, which states companies should ensure fair compensation by recognizing everyone’s right “to just and favorable remuneration ensuring for himself and his family an existence worthy of human dignity”. Stellantis shares responsibility for promoting social and economic rights that enable all workers to access fair compensation and security and believes that all employees deserve a standard of living that supports their health and wellbeing.
Our global framework for equitable compensation is founded on the principle of equal pay for equal work, with three main objectives: rewarding performance; offering a competitive, market-driven compensation package; and attracting or retaining key talent.
Fair Compensation as a Fundamental Commitment
We establish minimum pay standards
Stellantis sets minimum pay standards to ensure fair and consistent compensation across all manufacturing sites, based on local legislation, collective bargaining agreements, and internal human resources policies.
We pay employees at or above living wage standards
In 2022, we contracted with the Fair Wage Network to access updated living wage data for over 200 countries and cities. In each country, our HR leads monitor and adjust compensation to meet this framework, considering local inflation during annual reviews or negotiations. In 2024, we reached 192 salary agreements through good faith negotiations with labor organizations.
We reward success through incentive programs
Stellantis’ profit sharing and bonus programs target all employee categories, rewarding both individual and team performance, and engaging our people in shared value creation. In 2024, Stellantis recognized the contribution of approximately 55,500 employees with monetary incentives.
Stellantis employee in Rüsselsheim, Germany.
We broaden employee share ownership worldwide
Following the successful launch of the “Shares to Win” program in 2023, Stellantis expanded its employee share purchase plan to nearly its entire workforce, with over 230,000 employees participating and acquiring 9.7 million shares in November 2024.
