Siemens intends to award its employees for their performance during the financial and economic crisis with a one-off special payment.
A total of €310 million (£267 million) will be paid out to the company’s worldwide workforce.
Peter Loscher, president and chief executive officer at Siemens, said: “The company came through the crisis with flying colours. Our 400,000 employees can be very proud of their achievement.
“For their extraordinary performance in a difficult time, I owe them my deepest respect and gratitude,”
Andreas J. Goss, chief executive of Siemens in the UK, said: “Our UK employees strongly contributed to the success of Siemens globally.
“Our people are our greatest asset and we are proud to have some of the best talents in the industry.
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“The last year has been tough, there have been significant hurdles to overcome. This special payment to our employees is to recognise that we value their contribution and their loyalty to our company.”
Read more articles on reward and recognition schemes
I thought that you would like to know that I resigned over this decision.
The bonus of £800 was only given to full-time employees who had been working for the company for at least 365 days.
I worked in one of the most profitable departments within Siemens and had to watch as my work colleagues celebrated receiving the £800.
I started working for Siemens in October 2007 and became full-time in February 2010.
I don’t believe in discrimination or devaluing the contributions of a workforce. I did consider reporting Siemens to the UK Employment Minister but couldn’t be bothered to waste a stamp.
In my final payslip at the end of Jan 2011, I received a bonus of £617. What for? Nothing to do with the £800.
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