View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
March 19, 2020

Oil and additive supplier pays workers ‘corona consolation’ bonus

German oil and additive specialist Liqui Moly said it was not reacting to the corona crisis with short time work or layoffs but instead paying a bonus of EUR1,000 to each employee.

By Olly Wehring

German oil and additive specialist Liqui Moly said it was not reacting to the corona crisis with short time work or layoffs but instead paying a bonus of EUR1,000 to each employee.

“With this ‘corona consolation’, managing director Ernst Prost is thanking all employees for their dedication,” the company said in a statement.

It now has almost its entire administration working from home in a move is intended to protect every employee while keeping production running.

“The staff accomplished this collective move to home office mode with great commitment and improvisation,”it said.

“Today, we have largely been able to ensure in all corporate areas that we are mastering this balancing act between preventive health care and continued work,” Prost wrote to the workforce.

“Now, I can imagine that the current circumstances are not only time consuming for you but also involve additional financial expenditure. As a token of our appreciation, allow me to give you an extra EUR1,000 gross with your next salary payment – to a certain extent, as a financial corona consolation!”

Prost added: “The current developments are not leaving us unaffected either; the economic consequences will be brutal. That is precisely why we must now do our part to solve this crisis with our brains and wits, with commitment and diligence, and definitely with courage and confidence.”

All employees worldwide are receiving the same bonus.

“In most parts of the world, the economic consequences are more severe because the social network there is less robust or completely absent,” said Prost.

“Besides, spending money on the economy is exactly what we need right now to keep jobs.”

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Auto