As part of the collective wage agreement, the Volkswagen German car manufacturer will pay a bonus of € 4,750 ($ 1.5 million) per capita to 2018 for its 100,000 employees.
This is the biggest payout since 2015, when employees received a € 5,900 success award. The head of the works council, Bernd Osterloh, praised the decision. "It is fair to have employees share their success," he said.
According to Volkswagen's rules, employees who are entitled to share in the company's profits received a bonus of € 2905 in 2017 and 2016 due to the diesel scandal.
The Volkswagen Group, which includes Audi, Porsche, Seat and several other brands, will officially publish its full financial statement for 2018 on March 12, but the Group recently released preliminary data. According to these, in 2018 the company's operating profit was 13.9 billion euros, 0.7 percent more than in 2017. Net income was close to EUR 11.8 billion, up 5.8 percent on the previous year.
The number of cars sold also increased in 2018, and the Volkswagen Group sold 10.9 million cars worldwide, up 1.1 percent from 2017. \ t
Volkswagen recorded revenues of € 235.9 billion for the business year 2018, up 2.7 percent from 2017. \ t
(Source: vezess.hu / photo: pixabay.com)