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Karstadt to Offer Sales Bonus to Employees, WAZ Media Reports

July 28 (Bloomberg) -- Karstadt Warenhaus GmbH, the German retailer, will pay bonuses based on how much employees sell, starting Sept. 1, the WAZ newspaper group said, citing an interview with Chief Executive Officer Andrew Jennings.

The change could add several hundred euros to an employee’s paycheck, he was quoted as saying in an e-mailed article to be published in the Essen, Germany-based newspapers tomorrow.

Karstadt, Germany’s biggest department store chain, filed for insolvency in 2009 and was acquired by U.S. investor Nicolas Berggruen in September.

To contact the reporter on this story: Tony Czuczka in Berlin at aczuczka@bloomberg.net;

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.

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