TEXTRON – 2018 CORPORATE RESPONSIBILITY REPORT Our Commitment to Our People – Employee Health and Well-Being

Employee Health and Well-Being

Textron believes that a healthy workforce is more likely to be engaged, productive and successful. We strive to develop a culture that empowers employees and their families to adopt and maintain a healthy lifestyle. Our well-being core operating principles are:

  • Healthy, empowered employees are safe and more productive employees.
  • Management will provide healthy workplaces and promote healthy lifestyles.
  • Individuals are accountable for making healthy choices and exhibiting healthy behaviors.

Our businesses offer a wide range of well-being services for employees and their families and regularly solicit feedback to ensure services and resources are meeting their needs. Our initiatives are centered around three major core activities:

  • Developing healthy worksites conducive to well-being.
  • Enhancing the well-being of our employees through reduced rates on fitness club memberships or onsite fitness facilities and a variety of health and wellness offerings.
  • Promoting programs focused on physical, mental, financial and social well-being that meet the needs of our workforce.

Promoting programs focused on physical, mental, financial and social well-being that meet the needs of our workforce.

Employee Programs Benefit Our Employees

Textron’s compensation and benefits recognize and reward employees’ hard work and effort. U.S.-based employees receive pay-for-performance compensation, healthcare benefits including medical, prescriptions, dental and vision, income protection, retirement and more. These programs help our employees achieve their professional goals and enhance well-being for them and their families. Below are some of our programs and policies designed for the well-being of our employees.

Employee Assistance

To help our employees and their families with work, home, personal or family issues, employee assistance is available via phone or online. Our employee assistance program provides a professional, confidential source for employees to turn to when personal, financial, legal, or other problems occur within their lives. Services include, but are not limited to: stress, family concerns, alcohol or drug dependency, workplace conflicts, grief, depression, anxiety, tobacco cessation, legal and financial consultations and work-life balance assistance.

Adoption Assistance

Textron provides financial assistance for adoption. Employees can receive up to $4,000, up to a lifetime maximum of $12,000 (subject to FICA & FUTA taxes) per successful adoption for expenses for fees from licensed agencies, legal costs, fees related to immigration or naturalization, and travel expenses.

Parental Leave Policy

To provide flexibility for employees in balancing work and the needs of growing families, in 2018, Textron implemented a parental leave policy for non-bargained salaried and hourly U.S. based employees. In addition to paid maternity leave benefits which may be available under other policies, employees can take an additional two weeks of paid leave after welcoming a new child into their homes, regardless if it’s the birth of a child or through adoption or fostering.

Scholarship Programs

The children of employees of Textron and its subsidiaries are eligible to apply for the Textron Merit Scholarship Program, the Textron Inc. Endowed Scholarship Program at Bryant University and the Textron Inc. Endowed Scholarship Program at Providence College.