A company should be like this! Total 20 thousand employees, all given a bonus of Rs 3.5 lakh

French luxury brand Hermes

By revenue, Hermès is the third-largest fashion brand in the world.

French luxury brand Hermès has announced a hefty bonus of Rs 3.5 lakh (about 4,000 euros) to its employees. The company has around 19,700 employees worldwide and this bonus will be given to all these employees. Hermès said that this year there has been a great increase in its sales and profits, so it has announced a bonus as a reward to the employees. According to media reports, by the end of February, this bonus amount will come into the account of the employees.

Apart from the bonus, Hermès has also increased the salary of its employees by 6% during 2022. Apart from this, in January last year, everyone’s salary was increased by 100 euros (about Rs 8,700) and it was renewed again in July. 

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Please tell that Hermès is a luxury goods company. The company manufactures leather goods, fashion accessories, and other lifestyle products. Hermès is especially known for making hand-stitched handbags.

The company’s CEO Axel Dumas told analysts last week that it employs about 12,400 people in France. All these employees have received a salary equal to about 17 months in a year by taking bonuses and other incentives.

The company said that the payment of this bonus is part of its “value sharing” policy and it goes hand in hand with the increase in dividends paid to shareholders.

Hermès is the third-largest fashion company in the world.

In the year 2022, the total income of Haremus was 11.6 billion euros, which was about 23 percent more than in the year 2021. By revenue, Hermès is the third-largest fashion brand in the world. Louis Vuitton is on the first number and Chanel is on the second.

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