Despite the economic difficulties it experienced, Volkswagen was once again talked about a lot with the attractive salaries it offered to its employees. In particular, the company’s CEO, Oliver Blume, makes a name for himself as the head of Volkswagen, not only with his power in management but also with the salary he receives. So how much salary do Volkswagen employees earn?
How much salary do Volkswagen employees earn?
First of all, let’s say that according to 2023 data, Blume earns 8.7 million Euros a year. In fact, including additional contributions, his total earnings reach 10 million Euros. This amount is one of the highest incomes among managers of public companies in Germany.
Salaries of other senior managers range from 1.2 to 5.6 million Euros. However, earning opportunities at Volkswagen are high for employees at all levels, not just at the top levels. Volkswagen’s salary system is based on a tariff called Haustarif, which is applied primarily at its headquarters in Germany.
According to this tariff, employees are paid according to a 20-level salary system. While new employees start their careers with a gross salary of 2,400 Euros, employees at the 20th level, which is the highest level, can receive a gross monthly salary of up to 7,700 Euros.
Additionally, there is a “Tarif Plus” category reserved for certain expertise and leadership positions within the company. With this category, employees can earn an income between 8,500 and 9,500 Euros. Another advantage that Volkswagen offers to its employees is supporting incomes with an annual performance-based additional payment of 1,800 Euros and a success bonus of 4,735 Euros.
This bonus can be thought of as a year-end report card; This additional payment, determined according to the performance of employees throughout the year, makes a good contribution to the salary. Education level also plays an important role in the salary scale at Volkswagen. The company is generous to its employees who improve themselves.
For example, an employee with a university degree or a technician with a mastery certificate can start working directly from the 13th level, meaning they receive a monthly gross salary of 5,302 Euros. Volkswagen also offers very good conditions for employees who are included in the internship system.
While interns earn 1,187 Euros in the first year, their salaries go up to 1,437 Euros in the final year. Those who choose the dual (dual education) working model start with a starting salary of 1,261 Euros per month. Although Volkswagen earns above the average in Germany in terms of salary level and benefits, the financial difficulties faced by the company and possible savings measures may affect this earnings picture in the near future. But for now, Volkswagen is a favorite workplace for interns and CEOs alike.
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