Mercedes-Benz Employees To Get ₦3.6 Million Bonus Each For A Job Well-done In 2022

Each of Mercedes’ employees will receive a record bonus of 7,300 euros (₦3.6m) for a job well-done in 2022.

The extra cash will be paid to all eligible employees in April 2023 along with wages and salaries.

Mercedes-Benz has been applying a profit-sharing scheme for tariff-scale employees since 1997.

Last year, eligible employees received a bonus payment of 6,000 euros.

Mercedes-Benz says it will reward its employees with financial bonuses to thank them for a job well-done in 2022 despite a challenging environment with continuing semi-conductor shortages, logistics bottlenecks and regional COVID measures.

For this year, all eligible employees will receive a special lump sum bonus of up to 7,300 euros (₦3.6 Million), a figure it said is even higher than the current maximum payment cap of 6,465 euros.

Around 93,000 eligible tariff-scale employees in home country Germany will receive the bonus along with their April 2023 pay.

Commenting on the bonus, Sabine Kohleisen, Member of the Board of Management of Mercedes-Benz Group AG responsible for Human Resources, and Director of Labour Relations, said :

“Together we have achieved a lot in 2022. Despite a challenging environment our Mercedes-Benz team has taken a further major step towards the successful transformation of our company.

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“In recognition of this performance, we have agreed together with the General Works Council that we will pay a special bonus of 7,300 euros this year. This sum is significantly above the previous maximum amount. With the highest profit-sharing bonus in the history of the company, we would like to express our gratitude for the exceptional dedication and personal commitment of our colleagues.” Sabine Kohleisen added.

Mercedes-Benz has been applying a profit-sharing scheme for tariff-scale employees since 1997. Last year, eligible employees received a bonus payment of 6,000 euros.

The highest payment before now was €5,700 ($6,422) that was received back in 2018 and at the time, the company’s books had 130,000 eligible tariff-scale employees.

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