GEA Group To Pay One-off Corona Bonus To All Employees, Except Top Three Management Levels

Food and beverages company GEA Group AG (GEAGF.PK,GEAGY.PK) Thursday said its Executive Board has decided to pay all employees, except the top three management levels, a one-off Corona Bonus in recognition of their performance throughout the pandemic.

In Germany, the amount of the voluntary payment per employee is 500 euros, which is tax- and social security-free. Any entitlements under collective labor agreements shall remain unaffected by this bonus payment.

Stefan Klebert, CEO of GEA Group, said, "With this bonus payment, we want to send a clear signal of recognition and thanks for the exceptional performance of our workforce during the pandemic. Whether in production, service, sales or engineering - it is largely thanks to the high level of commitment of our employees that GEA is developing very well despite the pandemic."

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