VW announced yesterday that it will reward its workers in Germany 7200 Euro per person, or about $ 9,400 due to the positive business results in 2012. VW's net profit in 2012 reached 21.72 billion euros, higher than the 15.41 billion euros in 2011. However, the prize money this year is less than 300 Euro compared to 2011 due to management concerns about the instability of the economy.
This bonus will be awarded to 100 thousand VW workers in Germany.
VW board members, Mr. Horst Neumann said: "The employee profit sharing is needed and deserved. Contribute to the overall success of the Volkswagen with great effort of the workers. Our staff has successfully completed the task in 2012 and their efforts deserve to be rewarded. "
Mr. Neumann also note that the economic crisis of southern Europe is also a significant impact on the future growth and profitability of the company, and that's part of the reason why compensation for workers is not as high as in 2011 .
"The road ahead is still very rough, the consequences of the economic crisis in southern Europe has not been able to overcome."
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