Commerzbank to pay 2,000 Euro inflation compensation bonus to workers – Handelsblatt

This post was originally published on this site

Personnel chief Sabine Schmittroth said in the memo that staff, for example in call centres, who were not covered by collective bargaining agreements would get 2000 euros, trainees 1,000 euros, and people in non-union positions or abroad only 500 euros. Top managers would get nothing.

“The budget for bonuses is limited this year,” she wrote. “It was important to me that we use what budget there is to support those in lower pay brackets.”

($1 = 1.0076 euros)