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BMW to pay German workers special bonus

BMW to pay German workers special bonus

Luxury car maker BMW AG says it will pay German workers a special bonus this month to reward their commitment and performance during the economic crisis.
BMW said Friday the payment will average (EURO)1,060 ($1,360) per employee.
Most of some 70,000 workers in Germany will get the bonus. Spokesman Michael Rebstock said the cost would be in the "higher two-figure millions" of euros (dollars).
The announcement comes three days after BMW raised 2010 sales and earnings forecasts, citing a global market recovery and strong demand for new models.
Chief employee representative Manfred Schoch says there were worries only half a year ago about how to use its capacity and secure jobs, and workers "stood up for the company with stamina and commitment."


Updated : 2021-06-14 01:27 GMT+08:00