TEXTRON – 2019 CORPORATE RESPONSIBILITY REPORT

Healthy employees

Textron believes that a healthy workforce is more likely to be engaged, productive and successful.

Our mission is to foster a culture of well-being by providing support and resources that empower our employees and their families to embrace 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:

  • 1

    Developing healthy worksites conducive to well-being

  • 2

    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

  • 3

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

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Textron image
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PROGRAMS TO 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, and dental and vision coverage, income protection, retirement benefits 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.

  • Flexible Work Schedules

    Most of our businesses offer alternative and flexible work schedules to allow employees to meet the personal demands of life that don’t always fit into “9-5.” In order to balance business and personal needs, managers and employees work together to develop schedules that meet individual and business needs without compromising internal and external customer service levels.

  • Well-Being Programs

    Textron is committed to the health and well-being of our employees. Our locations offer various benefits to support well-being such as the Bell Health & Wellness Center, described above, and access to on-site or discounted local fitness centers.