Productivity leader Nucor rewards leadership for results.
Always interesting to follow the performance and corresponding employee incentive compensation for “benchmark incentive” company, Nucor. Yes, they’ve enjoyed some nice tailwinds lately, but still very impressive for an otherwise “gritty commodity business”. Every article about Nucor seems to mention their aggressive variable comp plans and leaders often link their top-tier productivity to “sharing their success” through significant incentive payouts. Senior execs at virtually all public companies are on similar incentive plans, but Nucor rises above most others by incentivizing all workgroups throughout the company. Way to go Nucor!
Read Charlotte Business Journal article here