Stellantis rewards its employees by distributing 2,000 million euros in premiums

Author: ceded

The multinational managed by Carlos Tavares achieved a record profit of 16.779 million euros

2022 has been a tough year for the automotive sector, with the protracted microchip crisis, along with important changes imposed by the shift towards electromobility. And even so, stellantisthe multinational that presides Carlos Tavaresachieved a record profit in the amount of 16,779 million euros, 26% more than the year before.

To celebrate, the group announced it will distribute EUR 2,000 million in premiums to its employees, in recognition of their performance in the past year. This record amount exceeds the amount distributed the previous year by 200 million euros, and the workers will receive it in the form of participation in benefits and a variable bonus, the President of the Management Board announced yesterday.

With this recognition of the workforce, Stellantis seeks to strengthen the pillar that the company’s workers represent in its strategic plan Dare Forward 2030. It was the car company that attributed the results in 2022 to “rapid progress” in the implementation of this plan, based on electrification and development software.

Additional salary in Vigo

How much will the almost 7,000 workers of Stellantis Vigo be worth? Union sources estimate that the amount could be around 2,200 euros, like last year (maybe a little more), received as productivity pay, an amount that is increasing, compared to 1,979 gross euros in 2020, already 1,770 awarded since 2019. ” 2,200 euros is an extraordinary payroll that will correspond to a full-time worker, registered throughout the year,” said consulted sources.

On the other hand, Stellantis announced that it will set aside 4,200 million euros for the payment of a dividend, which corresponds to 1.34 euros per share, although this amount is still awaiting shareholder approval.

Forecasts for this year indicate growth of 5% in all markets except China (2% more) and South America (3%).

Source: La Vozde Galicia

Jason

Jason

I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people's lives. I also write about current trends in economics, business strategies and investments.

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