The company's variable compensation plan extends to all members of the workforce. Employee payout is based on individual, team, site, and corporate performance in the areas of revenue, profit, customer satisfaction, and operational performance. Results Solectron's commitment to manufacturing quality products and its strong performance management are reflected in key measures of financial performance, such as revenue growth and earnings per share. Since 1991, revenue growth has averaged well above the company goal of 25 percent annually and the electronics manufacturing services industry's average annual growth rate of 10 percent. As a result, Solectron's market share has doubled since 1992.
Social responsibility is a foundation for improvement efforts.
The company has reduced hazardous wastes and chemical emissions and now recycles 94 percent of materials. Because of its proactive approach, Solectron facilities in California, Texas, France, and Malaysia received local awards and recognition for environmental responsibility. In addition, the company has received more than 140 recognition awards from its customers since 1981.