93,000 employees benefit
Mercedes pays employees a record bonus
01/20/2023, 12:12 p.m
Anyone who works at Mercedes can be happy: the profit-sharing for 2022 is higher than ever. With the sum, the carmaker even overrides the cap for the amount.
Around 93,000 Mercedes-Benz employees in Germany can look forward to a record share of profits. The carmaker pays the employees a bonus of up to 7300 euros, the company announced in Stuttgart. In the previous year the premium was 6000 euros. The money is to be transferred with the April fee.
“With the highest profit sharing in the company’s history, we would like to thank you for your outstanding commitment and personal commitment,” said Sabine Kohleisen, Head of Human Resources, according to the announcement. A lot was demanded of the workforce under difficult conditions, said the chairman of the general works council, Ergun Lümali. With the bonus, the employees would “participate appropriately in the success of the company”.
Previous cap no longer in force
Both sides had also agreed on a new calculation from the current financial year. The calculation logic will be standardized with the existing system for executives, it said. In this way, the participation of all groups of employees will be geared even more towards the achievement of the company’s goals. A spokeswoman said that the previous premium cap of EUR 6,465 was no longer valid.
Mercedes intends to present figures for the 2022 financial year in mid-February. Despite the uncertain economic situation, the carmaker was able to continue to rely on high sales prices in the past year and again raised its outlook for the full year in October.
According to further information on Friday, company management and the general works council had also agreed on a reorientation of the calculation for profit-sharing from the 2023 financial year. In the future, participation in the company’s success will be geared more closely to the company’s target achievement and the implementation of the sustainable corporate strategy.