PSA will pay 2,400 euros minimum profit sharing to its employees

“Under the incentive 2017, the amount that will be distributed to our employees in average value will be 2,600 euros, with a floor value of 2,400”, said Tavares on RTL.If the boss of PSA did not specify whether it was a gross or net amount, the CFTC-PSA has mentioned in a statement a minimum amount of “2,400 euros net”, an average of “2.552 euros net “and a maximum of” 3.457 euros net “. The previous year, the incentive had been at least 2,000 euros net, after 1,650 euros net the year before. Saluting the “employees of a rare excellence” of the PSA group, Carlos Tavares assured that “for four years”, the amount of their “variable remunerations” has been “multiplied by four” and that “from 2006 to 2016″, ” a billion euros has been redistributed “to employees of the group, or” very little “as much as” dividends to our shareholders. “The manufacturer announced Thursday a net profit” record “to 1.9 billion euros for 2017, up 11.5%, despite the acquisition of Opel last summer that weighed on the profitability of the group.