Germany: reassessing individual bonus payments

Germany’s businesses regularly discuss the issue of individual bonus payments and performance related bonuses that make up the variable part of employee remuneration. At Bosch, Deutsche Bahn, and Daimler for example, the trend is turning away from individual performance based assessments and towards bonus payments based on company results and other more ‘sustainable’ elements.

Through . Published on 02 February 2017 à 12h10 - Update on 02 February 2017 à 12h09

Since 2016 German multinational engineering and electronics company Bosch no longer pays individual performance linked bonuses to any of its 290,000 staff (c.f. article No. 9338). Similarly. Berlin headquartered railway company Deutsche Bahn (DB) has put its ‘Zukunft Bahn’ (Train of Tomorrow) program in place that is geared to raising DB’s overall service levels and comprises several internal and external measures including the doing away with of the system of individual bonus payments.…

Need more info ?

Contact

mind's on-demand study service

  • This field is for validation purposes and should be left unchanged.