German Handelsblatt: Automaker: VW employees get a total of 3000 euros bonus003910

Volkswagen production in Emden

The employees receive a total bonus of 3,000 euros for the past year.

(Photo: dpa)

In the past year, Volkswagen employees with collective bargaining agreements will again receive a slightly higher bonus payment. After the deduction of 1700 euros already transferred in November, a further 1300 euros per person are to flow into the accounts of the workforce with the May salary. This was announced by the head of the works council, Daniela Cavallo, in the company magazine “Mitbestimmt” on Tuesday. The increase achieved is to result from an additional “recognition bonus” for the employees in the VW company tariff.
There was an extra 2700 euros for the weaker Corona year 2020. The value had thus fallen well below the level of several previous years; for 2019, for example, the employees at the western German locations who were entitled to bonuses received 4,950 euros. The tariff bonus is essentially based on the operating results of the main division VW passenger cars and the brand of light commercial vehicles (VWN). However, other sub-criteria are also created.

The works council attributes the fact that in the end there was a slightly higher payment compared to 2020, although the car manufacturer is struggling with drastically underutilized capacities and shift cancellations due to the chip crisis, to “solidarity with the group”. If the IPO of the subsidiary Porsche is implemented as planned, the employees will receive a further 2000 euros.
More: VW is building a new electric car plant for two billion euros

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