Automaker VW plans fat year-end bonuses

Updated: 2011-12-22 10:18

(chinadaily.com.cn)

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Automaker FAW - Volkswagen has become the target of envy as news spread online of the company's plans to give out year-end bonuses equaling 27 months of salaries, Guangzhou Daily reported Thursday.

The company confirmed the news but said it was not that much as they based the bonus on the basic salary, which is 3,000 yuan ($466) per month. Basic salary accounts for one-third of the total payroll for the company, the report said.