For the 2012 financial year, the employees of Volkswagen AG covered by collective bargaining agreements are to receive a performance-related bonus of € 7,200 gross. This amount is the result of negotiations between the Works Council Chairmen of the Brunswick, Emden, Hanover, Kassel, Salzgitter and Wolfsburg plants and the Volkswagen Board of Management.
Dr. Horst Neumann, Member of the Board of Management of Volkswagen Aktiengesellschaft responsible for human resources, said: "This bonus is the result of hard work and is well-earned. It is the well-deserved participation of employees in our success. In 2012, the Volkswagen team once again did outstanding work and every member of our workforce will benefit from the achievements of the team."
Human Resources Board Member Dr. Neumann also underlined the advantages of the remuneration structure at Volkswagen: "Volkswagen pays a fair basic salary, rewards outstanding team performance by success participation and honors individual commitment by a performance-oriented remuneration component."
Source: Volkswagen
