Does John Deere Give Bonuses?

Yes, John Deere provides bonuses to its employees.

Understanding Bonuses at John Deere

Employees at John Deere are eligible to receive Short-Term Incentive bonus amounts as part of their overall compensation. These bonuses are included in what the company defines as "eligible earnings," alongside straight-time salary payments. This indicates that performance-based incentives are a component of the compensation structure at John Deere.

How Bonuses are Integrated into Employee Earnings

The inclusion of Short-Term Incentive bonus amounts in eligible earnings offers employees various opportunities to manage and grow their financial resources. Key aspects of how these earnings are utilized include:

• 401(k) Investments: Employees have the flexibility to invest their eligible earnings, which encompass both salary and bonus amounts, through their 401(k) plans. This allows individuals to tailor their investment strategies to best suit their personal financial objectives and long-term planning.
• Company Stock Purchase: John Deere also offers a program for employees to directly invest in the company. Employees can contribute a portion of their salary, specifically between 1% and 15% on an after-tax basis, to purchase Deere & Company common stock. These transactions are facilitated through Fidelity Investments, providing a clear path for employees to become shareholders and potentially benefit from the company's growth.

The table below summarizes the components that make up an employee's eligible earnings at John Deere:

For more details on career opportunities and employee benefits at John Deere, you can explore their official career resources.