Cars
Porsche Employees To Receive €5,200 Bonus
Now here’s a company that likes to share its profits with its people. And we’re not talking about a handful of white-collar workers but about thousands of employees. The Stuttgart-based company, which is considered as the world's most profitable car maker, said that some 8,000 workers will receive the special payment totalling €5,200 ($7,360) in addition to the annual 13.7 monthly payments (including holiday pay and Christmas bonus in excess of the agreed pay scale).
Last year this special payment came to €3,500 plus €300 Euro for the company pension scheme. This year’s special payment includes €3,800 based on company performance and an additional €1,400 based on the considerable improvement anticipated in overall profits; the result of special effects, particularly from financial operations.
Via: Motorpasion , Source: Porsche
-
Porsche Employees In Germany Get Special €8,200 Bonus For Record 2013 Results
It’s good to be a Porsche employee these days, as the sports car manufacturer posts record sales and profits year after year. Since 2013 was the most successful year in the company’s history, employees will receive a voluntary special payment...
-
Volkswagen To Increase Pay For 102,000 German Workers By 5.7%
Volkswagen AG and IG Metall union reached an agreement over a rise in pay for the company’s workers in Germany. As of September 1, 2013, base pay for employees covered by the collective bargaining agreement will increase by 3.4 percent, followed...
-
Toyota Brings In Security Guards To Personally Escort Sacked Workers In Australia
More than 200 workers Toyota workers at the firm's Altona plant in Melbourne, Australia, were in for a nasty surprise on Monday as the company went ahead with its original plan to axe 350 employees. The remaining workers will be sacked on Tuesday....
-
Audi To Pay Workers Hefty Bonus For 2008, Bmw And Mercedes-benz Say Nein
Among the three premium German automakers, the only company that will share part of its 2008 profits with workers is Audi as BMW and Mercedes-Benz's parent company Daimler decided not to pay a profit-sharing bonus for 2008. Audi AG will hand out €157...
-
Porsche Rewards Workers With €6,000 Bonus
Thousands of Porsche employees are to receive a €6,000 (US$ 8,750) bonus due to the company’s exceptional economic performance for the recently-concluded business year 2007/2008 that ended in July 31. The bonus that comes a year after a similar...
Cars