Performance is worth it
Rheinmetall employees who commit themselves above and beyond the ordinary degree benefit from this financially, both on the individual level, by taking responsibility for achieving personal goals, and overall through sharing in the success of Rheinmetall as a whole.
In Germany, and now 20 European foreign subsidiaries, the stock purchase program "My Share in Rheinmetall" offers employees the opportunity to become Rheinmetall shareholders (including voting and dividend rights) by acquiring shares at attractive terms and thus to participate directly in the commercial success of the Group with its future-oriented product portfolio.
Whoever has successfully committed themselves to achieving their goals will also benefit personally. Therefore, management by objectives is being increasingly connected with remuneration components at Rheinmetall and influences the calculation of variable remuneration. Alongside the non-tariff area, many wage agreements now allow for the possibility of success-related remuneration components, the level of which depends on the achievement of agreed individual or group targets.
But groups of employees for whom performance management is not yet implemented by a personal performance plan also participate in the company results via employee participation in success.
Company success-related components are also included in Rheinmetall's pension provision. Company-financed, success-related pension provision is a major component of the Rheinmetall Plus company pension scheme. With the achievement of agreed company targets, Rheinmetall provides a supplementary contribution to the company pension.