Boeing (BA) employees annual bonuses will be tied to the overall performance of the company rather than their own divisions, with chunks of the incentives tied to the company's safety record, the company said in a regulatory filing on Friday.
The company said it "adopted a single enterprise incentive score for the 2025 annual incentive plan to promote alignment on operational priorities, accountability and a culture of unity."
For the commercial airplanes division, safety and quality performance measures will make up 60% of the bonuses as opposed to 75% previously, the company said.
Chief Executive Kelly Ortberg, who implemented the changes, received a total compensation package of $18.4 million in 2024, of which $1.2 million was a signing bonus, $525,000 was salary, $313,000 was for relocation to Seattle, with the rest in conditional options and equities, the filing said.
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