Porsche is handing out goodwill bonuses to each of its 21,000 employees, from janitor to CEO, after posting record profits in 2016, a year in which it pocketed an average of $17,250 per vehicle sold.
The brand gave every employee a bonus of up to 9,111 Euros (about $13,200 CAD) based on their working hours and how long they’ve been with the company. The amount is broken down into a cash bonus, with a small bonus contribution to employees’ pension funds, the company said in a press release.
The VW Group-owned German automaker was buoyed by a bump in sales, with 238,000 vehicles sold last year. Coupled with hefty sticker prices, Porsche managed to post an operating profit of 3.9 billion Euro ($5.6 billion CAD), up 14 percent from 2015, reports Automotive News.
“For Porsche, 2016 was an eventful, emotional and, above all, highly successful year. This was thanks to our employees, who enabled us to expand our attractive model range to include an array of new and exciting sports cars, such as the 911 Turbo and 911 R, the 718 Boxster and 718 Cayman as well as the Panamera”, says Oliver Blume, chairman of Porsche AG.
“The expertise and passion of our staff forms the basis of a successful future for Porsche.”
(Porsche; Automotive News)