VW Pushes Team Spirit in Management-Bonus Overhaul
Employees work on the Volkswagen e-Golf electric automobile assembly line inside the Volkswagen factory in Wolfsburg.
Photographer: Krisztian Bocsi/Bloomberg
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Volkswagen AG wants its managers to be more team-oriented and is eliminating individual performance when determining executive bonus payouts.
Starting next year, the remuneration of more than 400 top managers will be based on overall group performance, indicated through stock prices as well as earnings and operating achievements.