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Blow for Deutsche Bahn managers: Board of Directors will not receive any bonuses for 2023

2024-02-09T09:13:09.765Z

Highlights: Blow for Deutsche Bahn managers: Board of Directors will not receive any bonuses for 2023. As of: February 9, 2024, 10:00 a.m By: Bona Hyun CommentsPressSplit The board members ofutsche Bahn will not get any bonuses. But for the year 2022. According to the company's own information, there are six or seven-figure sums for 2022. The bonuses will be lower in the future because the calculation will be changed. The general goals include punctuality, quality and the operating result.



As of: February 9, 2024, 10:00 a.m

By: Bona Hyun

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The board members of Deutsche Bahn will not receive any bonuses for 2023.

According to the company's own information, there are six or seven-figure sums for 2022.

Berlin – Deutsche Bahn may have frustrated many passengers.

The list of cancellations and delays is long.

The board members of Deutsche Bahn (DB) will still receive a bonus for the year 2022. However, there will be no bonus payment for the year 2023, in which Deutsche Bahn had to pay more compensation than ever before.

Deutsche Bahn board members will not receive any bonuses for 2023

“Deutsche Bahn has received more than 50 million euros from the federal government for 2023 from the electricity price brake.

There will therefore be no bonuses for 2023,” said Martin Burkert, deputy chairman of the DB supervisory board and head of the railway and transport union EVG, to the

German press agency.

In addition to the group board, all boards of DB Regio, DB Fernverkehr and DB Cargo are also affected.

The board members of Deutsche Bahn will not receive any bonuses for 2023.

But for the year 2022.

© Martin Schutt/dpa

Bonuses for board members of Deutsche Bahn – reference for 2022

However, the bonuses would be paid for 2022.

According to the annual report, Bahn CEO Richard Lutz will receive a bonus of more than 1.26 million euros.

Infrastructure director Berthold Huber will receive 699,000 euros in “variable remuneration”, as the bonus is called at the railway.

Human resources director Martin Seiler, who is currently negotiating new collective agreements with the train drivers' union GDL, will receive an additional 736,000 euros.

According to EVG boss Burkert, the bonuses for 2023 would have been similarly high. 

According to Burkert, the bonuses will be lower in the future because the calculation will be changed.

According to the EVG boss, payments for achieving short-term goals will account for 20 percent of the total bonuses in the future.

The much larger part for achieving long-term goals will only be paid out every four years.

Only in 2023 will the railway board receive any bonuses

The general goals include, among other things, punctuality, quality and the operating result of the railway.

Individual goals would also be set for each board.

“In order to achieve 100 percent of the target, HR Director Seiler must, among other things, ensure that 86 percent of all trainees graduate,” said Burkert.

Most recently the rate was 85 percent. 

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According to Burkert, the board member responsible for long-distance transport, Michael Peterson, not only has to ensure that the trains are on the tracks for his variable remuneration, but also that it meets quality standards.

Specifically, for example, the toilets and air conditioning systems would also have to work.

(bohy/dpa)

Source: merkur

All news articles on 2024-02-09

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