"The company's management and General Works Council have jointly agreed to pay all eligible employees a special lump sum bonus of up to 7,300 euros, a figure that is even higher than the current maximum payment cap of 6,465 euros."
This General Works Council seems to be something like a separate "union within the company", in addition to whatever union represents various workers within the organization. On top of that, Mercedes Benz has a corporate Supervisory Board with 1/2 of the members representing the employees.
Interesting how this structure has a headline like this one, vs the ">10k workers laid off from giant corporation with record profits for the past two years" headlines that seem to be popping up here daily.
This General Works Council seems to be something like a separate "union within the company", in addition to whatever union represents various workers within the organization. On top of that, Mercedes Benz has a corporate Supervisory Board with 1/2 of the members representing the employees.
Interesting how this structure has a headline like this one, vs the ">10k workers laid off from giant corporation with record profits for the past two years" headlines that seem to be popping up here daily.