Porsche Doling out the Profits Blog Post at Automotive.com
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Porsche Doling out the Profits

Posted October 1 2008 04:03 AM by staff 
Filed under: Miscellaneous, Porsche

Well now. This is a sharp contrast to American automakers that are firing people left and right. Maybe it’s time to consider jumping ship. (We're kidding.)



Porsche SE, is raising the annual bonus of its workers by 15 percent, or 800 euros (~$1,347), for being more productive. While Porsche has yet to announce their fiscal-year revenue, they have actually had a gain in sales in the 10 months through May to 6.02 billion euros. Their latest Cayenne SUV helped bolster sales by 47 percent.

Our take? Would an American corporation ever do this? No. They’ll sooner fire you as “cost cutting” measures so their CEO can get a bigger bonus. (And folks wonder why the UAW's still around.) If you’re more productive, that productivity disappears into a corporate black hole.



via Bloomberg



COMMUNITY COMMENTS
sarahsmile90   (October 1 2008 11:38 AM)

Greed does make people crazy.
 
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