Ferrari Offers Bonuses of More Than 8,000 Euro to its Employees image

Ferrari CEO Luca di Montezemolo said that all the automaker’s employees will receive a special bonus for the 2010-2012 results.

In March the automaker offered for each of its workers a special bonus which is the equivalent to a month’s salary for 2010, 2011 and 2012. If we are to consider that Ferrari offers a minimum salary of €1,500 ($1,920) for a worker in the first stages of his professional career, this means that the bonus is around €4,500 ($5,765).

This month, Ferrari will offer besides the special bonus, a €4,000 ($5,120) competitiveness bonus for 2012. Another bonus will be offered for the 2013-2015 period, according to Montezemolo.

“Our company ended 2012 with record results after a triennium of continuous growth. That is down to the extraordinary amount of work you have done,” Montezemolo wrote in a letter to the employees.

For 2012 Ferrari reported record results and its best ever trading period in the company’s 66-year history, exceeding previous records set in 2008. A total of 7,318 road cars were delivered to the dealership network in 2012, an increase of 4.5% from 2011, with revenues reaching 2.433 billion euro, up 8%.