Deutsche Bank latest to pay inflation bonus to staff
Reuters
Published Nov 10, 2022 10:21AM ET
Updated Nov 10, 2022 10:31AM ET
FRANKFURT (Reuters) - Deutsche Bank (ETR:DBKGn) is the latest financial institution in Germany to pay a bonus to some employees to help offset soaring inflation, according to a staff memo.
The bonus is 1,500 euros ($1,524) for 2022, said the memo seen by Reuters on Thursday. It noted it would "give careful consideration" to a similar payment next year.
Unions have been pressing for such payments, and some other banks have already agreed to similar deals.
($1 = 0.9843 euros)
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Written By: Reuters
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