The festive periods are always the most beautiful times of the year. A time when family and friends get to celebrate and share beautiful moments, spend time together, and enjoy the holidays. Of course, every company gives break to their employees and staff during festive seasons like Christmas. Companies like Telsa, a multi-national automotive and clean energy company are not left out in the Christmas holidays activities. Some of these companies also give bonuses to their employees as part of a job-well-done appreciation message, also as a way to support their staff financially or in kind, so they could easily enjoy the holidays with family, friends, and loved ones. Let us see Does Tesla give Christmas Bonuses in this article.
Does Tesla give Christmas Bonuses?
Recently, Tesla has decided to cancel its quarterly sales quota bonuses structure. There was some compensation, however, as the salaries of its sales and delivery employees were increased. The quarterly bonuses ran up to 25%. A 12.5% increase was added to the salaries to try to cover the cancellation of bonuses. Although no reason or explanation was given, one would say the salary increment was added to pacify any complaint that might have risen from the bonus cancellation. There is also no mention of Tesla give Christmas bonuses to its employees, but there are lots of other benefits and perks.
Tesla Company
Built to solve world problems in the field of automotive and energy, American company, Tesla Inc. has indeed lived up to the assignment. With its headquarters based in Austin, Texas, Telsa is one of the top companies in the production and manufacture of electric vehicles, solar panels, battery energy storage, solar roof tiles, and other products and services. It has a staff power of 110,000 as at the census carried out early this year. Tesla boasts revenue of over 18 billion USD in one quarter of a year. The Chief Executive Officer, CEO is Elon Musk, one of the world’s wealthiest men. Tesla was founded on July 1, 2003, in California, and has grown over these 19 years of existence to have over 62 billion USD in total assets.
Perquisites of Working at Tesla
In 2020, Tesla was acknowledged as the most attractive employer for engineering students that were job-seeking in the United States of America. This is because, at Tesla, you get access to work on state-of-the-art technology plus loads of benefits, and attractive salaries and bonuses too, although in recent times it has canceled its bonus system. A 3.6-star rating was however awarded to Telsa on Glassdoor, with commendable reviews from employees about benefits and a great work environment.
These packages play very important roles in employee retention and attraction.
Let’s have an overview of some of these packages or perks as people refer to them as.
Salaries
An annual average of $102,000 is what Tesla gives its employees. Though there are varying payments for the different job descriptions in Tesla. An operations engineer is worth an average of $87,200 annually, while a software engineer earns up to $115,600 annually. Regardless of the fact, its salary system is not ranked among the top-paying companies, employees of Tesla enjoy salary raises, benefits, and bonuses.
Employee Benefits
There are varying benefits an employee of Tesla stands to profit from;
- Life Insurance: all full-time employees at Tesla get basic insurance of up to $1,000,000 paid to their beneficiaries in the case of their demise. That is up to twice the sum of an employee’s annual income at the company.
- Health Insurance: Tesla also provides quality health care for its employees, one observed as one of the best in the automotive industry because of its extensive options. It covers medical supplies, hospital accommodation, ambulance fees, basic healthcare, and drug prescriptions. Employees are also eligible for dental and sight insurance. Family members can also benefit from these benefits.
- Paid Parental Leave: at Tesla, they understand the need for new parents to bond with their newborn child or children. A 16-week paid time off is given to help employees with family leave. Fathers can get up to six weeks while mothers get nine weeks. This also relates to adoptive parents.
- Training Programs: regular training programs are arranged for all employees at Tesla. Whether you are a full-time staff or a potential employee, Tesla has you covered with free intensive training to drill you up to a professional level required to succeed at the company.
- Holidays: every holiday at Tesla is observed, especially the festive holidays like Christmas, easter, and thanksgiving. Well unless there’s a target to be met or a carry-over of work, then be sure to enjoy the holiday seasons at Tesla.
Who can Work at Tesla?
You might be asking this question yourself at the moment, well here’s a list of skills that Tesla searches for in the labor market:
Software Engineers.
Designers.
Data Scientists.
Data Analysts.
Sales Personnel.
UX Designers.
Cyber Security Personnel.
Digital Marketers.
So, if you find yourself in any of these skill sets, you can have a shot at a career in one of the world’s most lucrative automotive companies.
Conclusion
Working at Tesla is a very great opportunity and it comes with its demands and tasks. This also comes with loads of benefits and a very good working environment for you to grow both professionally and otherwise.
