Daimler Pays Record Bonuses To Its Germany Employees
Emmanuel P February 17, 2012
Let it not be said that Mercedes-Benz is in the business of making excellent cars just to fill its company coffers. Owing to excellent sales last year, the Daimler board has decided to give a bonus of 4,100 Euros each to employees of Daimler AG in Germany. Employess entitled to the bonus include workers under collective wage-tariff agreements, apprentices and trainees, students from cooperative state universities and doctoral students.
According to Erich Klemm, Chairman of the General Works Council of Daimler AG: “Record earnings can only be achieved as a result of a record performance. For this reason, the General Works Council was in favor of an employee bonus also at a record level. The employees showed maximum flexibility with high levels of overtime, Saturday shifts and night shifts, and worked hard to achieve those record figures. We regard the performance participation bonus as appropriate recognition by the company of those efforts.” These bonuses will be paid together with the employees’ regular salaries in April.
