Business · Companies · 18 hrs ago

ASML CEO links executive bonuses to employee satisfaction

ASML CEO links executive bonuses to employee satisfaction

ASML CEO Christophe Fouquet will link senior executives’ bonuses to employee satisfaction at the Dutch chip equipment maker.

The move follows an annual survey in which more than 38,000 of ASML’s roughly 44,000 workers took part.

The employee engagement score fell to 73.5% from 78% in the previous year.

Fouquet said the decline reflected a period of major change, as ASML restructures to reduce bureaucracy.

The company will combine six survey questions into a new workplace experience index that will affect leaders’ long-term incentive pay in coming years.

The change aims to improve morale during the restructuring and make workplace culture a priority for Fouquet next year.

ASML makes the only EUV lithography machines used to produce some of the world’s most advanced chips, which are important for AI systems.

The new index will shape executive pay in coming years, though no further details on its effect were given.

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Christophe FouquetASML CEO
the declining figures reflect a period of significant change
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it has been an exhausting and emotional year for the company
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In the coming years, it will directly influence the compensation of senior executives, including the board
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