BERLIN, Nov 4 (Reuters) – Commerzbank (CBKG.DE) pays workers an inflation compensation bonus of as much as 2000 euros ($1,985) in December, Handelsblatt reported on Friday, citing an inside memo it had seen, with these on decrease salaries set to profit essentially the most.
Personnel chief Sabine Schmittroth stated within the memo that workers, for instance in name centres, who weren’t coated by collective bargaining agreements would get 2000 euros, trainees 1,000 euros, and other people in non-union positions or overseas solely 500 euros. Prime managers would get nothing.
“The funds for bonuses is restricted this yr,” she wrote. “It was essential to me that we use what funds there may be to help these in decrease pay brackets.”
($1 = 1.0076 euros)
Reporting by Thomas Escritt; modifying by Matthias Williams
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