Our market-based wage approach is an integral component of Solar’s Total Rewards package and is designed to balance the need to attract and retain employees with the need to keep our facilities competitive. Solar Turbines conducts local market analysis to ensure we have set wages appropriately. We are committed to wages that are competitive in local markets.
The market-based wage approach has allowed us to put our facilities in a competitive position, while providing good jobs for thousands of employees.
We've kept our promise to review wages annually, resulting in annual increases every year of the current agreement, even during the COVID pandemic.
Since January 2020, we have increased our market-based wages by $6.09 or nearly 18%. (Machinist Labor Grade 2)
We aim to reach an agreement that positions Solar, our facilities and our employees
to compete, meet customer commitments and succeed long into the future.
