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2012 performance
TI maintained its competitive compensation, retirement and benefit programs in 2012.
Results
- Increased salaries in 2012 and paid approximately 8 percent of base earnings in profit sharing (based on our 2011 performance) to all employees globally except for France and Mexico, which have locally regulated plans.
- Enabled approximately 95 percent of U.S. employees to participate in a retirement program.
- Contributed $68 million to employees' 401(k) savings plans.
- Made one legislatively required amendment to the pension plan, which did not impact benefit amounts.
Looking ahead
In 2013, we plan to continue engaging all employees about our comprehensive benefits programs.
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Citizenship Report Summary
See also
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