| Description |
Report |
2008 response |
| Core performance indicators |
2006 |
2007 |
2008 |
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| Economic |
Economic performance |
| EC1 |
Direct economic value generated and distributed
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Our Annual Report provides information on our financial performance. The Giving section of our Citizenship Report details TI's community investment.
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| EC2 |
Financial implications of climate change
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Financial implications.
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| EC3 |
Coverage of defined benefit pension plan obligations
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For U.S. employees hired before November 1997, Texas Instruments has a defined benefit pension plan. In addition, TI offers all U.S. employees the ability to contribute to a 401(k) savings plan. For employees covered by the defined benefit pension plan, the company matches 50 percent of the employee's contributions up to 2 percent of annual eligible earnings. For employees not covered by the defined benefit pension plan, TI currently matches 100 percent of the employee's contributions, up to 4 percent of annual eligible earnings. Employees hired after November 30, 1997 and before January 1, 2004 also receive a fixed 2 percent company contribution from TI in
their 401(k) plan. In 2008, TI contributed $56 million to their 401(k) savings plans.
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| EC4 |
Significant financial assistance received from government
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Market presence |
| EC5 |
Range of ratios of entry level wage compared to local minimum wage for significant locations of operation
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| EC6 |
Policy, practices and proportion of spending on locally based suppliers at significant locations of operations
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Minority and women business development.
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| EC7 |
Procedures for local hiring and proportion of senior management in locations of significant operation from the local community
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It is TI's strategy to hire the best and brightest individuals who either have a home near plant site communities though they may have attended school elsewhere, or who attended school near plant site communities. TI senior management in locations of significant operation is predominantly hired from the local community. Worldwide, 97 percent of TI's senior managers are from the local community where they work. In regions, the percentage of managers hired locally are as follows: 99 percent in the U.S.; 96 percent in Europe; 79 percent in Asia and 95 percent in Japan.
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Indirect economic impacts |
| EC8 |
Development and impact of infrastructure investments and services provided for public benefit
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We currently do not formally aggregate this data in a standardized format globally for reporting.
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| EC9 |
Significance and extent of indirect economic impacts
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We currently do not track indirect economic impacts globally.
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