The CEO of Europe's most valuable company says he is tying his pay to employee satisfaction
ASML CEO Christophe Fouquet is linking executive compensation to employee satisfaction scores following a period of organizational restructuring. This move aims to address declining morale among the company's workforce after a year of significant internal changes.
Why it matters
ASML is a critical player in the global semiconductor supply chain, and its internal management practices have significant implications for the tech industry.
ASML CEO Christophe Fouquet told employees it had been a "disruptive and emotional year." Chesnot/Getty Images The CEO of ASML is tying his compensation to a personal mission to boost employee morale. Christophe Fouquet told employees in a memo seen by BI that ASML would link exec pay to employee satisfaction. It comes amid a major reorg at Europe's most valuable firm, which supplies chipmaking equipment to TSMC and Intel. The CEO of Europe's most valuable company is linking his pay to a personal mission to boost employee morale. Christophe Fouquet, the CEO of Dutch tech firm ASML, said last week that the company will incorporate employee satisfaction into its compensation strategy for top executives in an effort to quell discontent over a major reorganization, per a memo to employees obtained exclusively by Business Insider.
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