These companies pay tax-free bonuses

Companies can pay their employees a tax-free bonus this year. But so far only a few companies have used this tool.

High inflation is currently causing problems for many Germans. Whether filling up the tank, shopping for groceries or energy: the price increases can be felt everywhere, so it would only be logical to demand corresponding salary increases. But experts fear that the so-called wage-price spiral would then start.

Chancellor Olaf Scholz’s suggestion for goodness: companies may pay their employees a tax-free bonus of up to 3,000 euros this year. The Federal Council agreed at the beginning of October and cleared the way for the special payments.

But so far only a few employees have received a corresponding offer from their bosses. But there are a few companies.

Commerzbank pay out up to 2,000 euros

Die Commerzbank pays its employees an inflation compensation premium of up to 2,000 euros in view of the sharp rise in prices. The payment is between 500 and 2,000 euros, according to a letter to the Commerzbank employees available to Reuters on Friday. The lower wage groups should benefit more, managers in the first and second management levels get nothing. The “Handelsblatt” had previously reported on this.

All salaried employees and junior staff in Germany receive 1,000 euros, non-tariff employees and employees abroad receive 500 euros. At the subsidiary ComTS, which is not bound by collective bargaining agreements and has repeatedly gone on strike recently, 2,000 euros are to be transferred to the employees.

Other financial institutions also make use of this option. That’s how she creates Targobank the sum and pays 3,000 euros that Direct bank DKB transfers 1,500 euros and at the German subsidiary of the Dutch ING it is up to 1,500 euros.

Mateschitz granted bonuses even before his death

The same regulations for special payments currently apply in Austria as in Germany. The more than 2,000 employees there were happy Red Bull via an additional payment in October of 3,000 euros.

Dietrich Mateschitz: The entrepreneur died at the age of 78.
Dietrich Mateschitz: The entrepreneur died at the age of 78. (Quelle: Charles Coates/Getty Images)

The company founder Dietrich Mateschitz, who died in October, initiated this before his death. The “Salzburger Nachrichten” reported, citing employees in the company.

Mateschitz died in October as a result of his cancer. He was 78 years old (t-online reported). He founded Red Bull in 1984 together with the Thai Chaleo Yoovidhya.

In the future, the company will be managed by a trio. These include the current head of the beverages division, Franz Watzlawick, CFO Alexander Kirchmayr and Oliver Mintzlaff, who is responsible for projects and investments. Mateschitz is said to have had a say in the cast during his lifetime. His son Mark Mateschitz, on the other hand, has announced that he is retiring from the company.