Kulicke & Soffa revamps incentive plan metrics to operating profit and gross margin
KLIC•Kulicke & Soffa amended its incentive compensation plan effective for fiscal 2027, replacing Net Income and Operating Margin with Operating Profit and Gross Margin, weighted equally. Executive Leadership Team payouts will be weighted 85% on corporate performance and 15% on individual goals.
1. Fiscal 2027 plan changes
Kulicke & Soffa adopted an amended incentive compensation plan effective for fiscal 2027. Its corporate performance scorecard will use Operating Profit and Gross Margin, each weighted 50%, replacing Net Income and Operating Margin. Executive Leadership Team payouts will include individual goals, weighted at 15%, alongside 85% for corporate performance. Business unit scorecards may be tailored by growth phase or strategic priorities, including the selection and weighting of financial measures.
