(Reuters) -Tesla is just not providing its workers yearly merit-based inventory awards, Bloomberg Information reported on Tuesday.
Tesla didn’t instantly reply to Reuters’ request for remark.
The information comes after United Auto Staff union stated in November it’s launching a first-of-its-kind push to publicly manage the whole nonunion auto sector within the U.S., together with Tesla, after profitable new contracts with the Detroit Three automakers.
The corporate’s managers delivered the information to salaried workers, the report acknowledged, including that 4 workers from totally different departments instructed Bloomberg Information they consider the transfer was widespread.
Staff had been nonetheless given modest cost-of-living will increase and changes to their base salaries, based on the report.
Some Tesla workers who reached the tip of their four-year vesting cycle got inventory “refreshers”, with a purpose to hold their whole compensation aggressive, the report added.
(Reporting by Arsheeya Bajwa in Bengaluru; Modifying by Krishna Chandra Eluri and Rashmi Aich)
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