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Daimler to reward employees

Posted on 27 Feb 2019 and read 2683 times
Daimler to reward employees Despite difficult conditions, Daimler employees will benefit from the company’s successful 2018 financial year with a profit-shares up to 4,965 euros.

This bonus (decided by the board and the General Works Council) applies to about 130,000 employees in Germany, who
will receive it with their April pay.

Board member Wilfried Porth (www.daimler.com) said: “Our employees achieved a lot last year. We want to thank them for their outstanding commitment, with the profit-sharing bonus.”

A profit-sharing scheme has been in place at Daimler since 1997. The bonus is calculated using a formula that links the Group profit before interest and taxes (EBIT) with the return on sales.