Mexican Media Brands
Porsche to Distribute €8,600 Bonuses to Employees
Porsche AG is celebrating its most successful year ever by giving each of its employees bonuses totaling €8,600.
#labor
Share
Porsche AG is celebrating its most successful year ever by giving each of its employees bonuses totaling €8,600.
The payout will include €7,900 to reward performance in 2014 and €700 as a special contribution on behalf of each worker to Porsche's company pension plan or a private pension fund. The bonuses will go to about 14,600 employees.
Last year Porsche's vehicle deliveries climbed 17% to nearly 190,000 units, revenue rose about 20% to €17.1 billion and operating profits grew 5% to €2.7 billion.
RELATED CONTENT
-
Denmark, 10 Other EU Members Urge Piston Ban
Denmark and 10 other member nations of the European Union have urged the region to allow them to end gasoline and diesel engine sales by 2030.
-
UPDATE: UAW, GM Reach Tentative Labor Deal
General Motors Co. and the United Auto Workers union have reached a possible deal on a new four-year labor contract covering some 48,000 of the union’s hourly workers in the U.S.
-
VW Workers Again Reject UAW at Tennessee Plant
Hourly workers at Volkswagen AG’s assembly plant in Chattanooga, Tenn., have again voted against having the United Auto Workers union represent them.