|
 |
2011 performance
Results | Looking ahead
To build employee awareness about the extensive benefits TI offers - from personal concierges to discounts on new cars to financial planning advice - we launched a Perks@TI website. This site is divided into discount products, discount services and other benefits to make it easier for employees to find what they need.
When TI acquired National Semiconductor late in the year, both companies performed a site-level comparison of wages and benefits to ensure that what we offer is based on competitive market practices.
Results
- TI increased salaries in 2011 and paid about 17.3 percent of profit sharing (based on its 2010 performance) to all employees globally, except for France and Mexico, which have locally regulated plans.
- Approximately 95 percent of U.S. employees participated in a retirement program.
- We contributed $55 million to employees' 401(k) savings plans.
- We made one legislatively required amendment to the pension plan, which did not impact benefit amounts.
Looking ahead
In 2012, TI plans to continue engaging all employees about our comprehensive benefits programs.
|
|
|
Citizenship Report Summary
See also
|
|
Cart |
