Working in the automotive industry can be such a great thing especially if you’re under the right company. We have heard of bonuses that brands like Audi, Daimler, and General Motors give, and they are pretty massive. This time, Porsche is giving away their fare share to their employees after a successful financial year in 2017. The automaker is giving away bonuses to around 23,000 workers.
The Porsche Executive Board and Group works council made an agreement to give a bonus of €8,600 plus the €700 that will be directed to company’s own pension scheme, or to individual ones. Aside from that, after 70 years of being in the industry, with their very first model, the 356 that dates back to 1948, the automaker will give employees an additional €356 to celebrate this model. Similar to last year, the automaker then gave their employees a yearly bonus of €9,111 to celebrate the 911.
To be fair to everyone, the company is not giving the same amount of bonus to every person in the company. The amount each person will be getting is based on their working hours as well as the amount of time they had been working in Porsche.
Porsche decided to give an amount of up to €9,656 (or $11,940) based on the company’s performance last year. And the automaker’s sales actually went up by four percent to 246,000 cars. Revenue had gone up by 5% to €23.5 billion ($29B), and the workforce went up by 8%, now to a total of 29,777 employees. Furthermore, the operating result increased by seven percent to 4.1 billion euro, and the return on sales went up to 17.6 percent. A few of the models that really helped increase the automaker’s sales last year would be the 911 GT3, GT2 RS, Panamera Sport Turismo, and the Porsche Cayenne.
Oliver Blume, Chairman of the Executive Board of Porsche AG, said that it was a result of team effort that 2017 turned out to be such a great year for them. And this is why 23,000 employees will benefit from the bonus.
Looking forward, it seems like this year will also be quite significant for the company especially because the will be introducing the first versions of the next generation 911 (992). Aside from that, we might also see the 718 Cayman GT4 as well as the 718 Boxter Spyder.
After reading this, don’t you just wish that you were working in one of those luxury car brands too? But as mentioned earlier, not everyone in the company will get the same amount of bonus, so you will still have to work up the ladder if you would like to get that big of a bonus after every financial year.