Officials at Mercedes -Benz demanded that employee ‘rewards increase within the German company over the fiscal year 2022, following the huge profits achieved and exceeded the limits of expectations, as well as demanding to cancel the maximum bonuses and make it depend on the total profits.
The Chairman of the Mercedes Benz Labor, Arjun Lumali, revealed, during statements to Reuters about these rewards by saying: “So far, the annual profit sharing has been limited to 6450 euros as a maximum ($ 6617) . . This ceiling must be canceled, we need a new mathematical formula so that The workforce can now participate in increasing profits if the return is maintained at a much higher level.
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Mercedes rewards in 2021 for its employees exceeded the majority of other car companies, it paid 6 thousand euros for 100,000 of its employees, while Volkswagen paid only 3 thousand euros to its employees, but the German duo remained behind the BMW, which rewarded its employees with 9 thousand euro.
According to the expectations of financial analysts, Mercedes profits in 2022 are supposed to reach 19 billion euros, while the auto industry in general suffers from various crises that obstructed the progress of production and sales.
Despite all these crises, Mercedes raised its expectations from profits for the entire year last month, as the strong demand for luxury cars and costs of costs to compensate for the supply chain bottlenecks that hindered the production of industry this year.
It is noteworthy that the profits of the third quarter of Mercedes increased by 83% on an annual basis to 5. 2 billion euros, after it sold more than 530 thousand new cars in the same period..
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