According to a study conducted by the Hans-Böckler foundation, the "Christmas bonus" ( Weihnachtsgeld) or "thirteenth month of salary" which used to be commonplace in Germany, is more and more linked to the company's financial situation. (Ref. 061089)
A common practice. Very common in Germany, “Christmas bonuses” are agreed by the social partners in each sector’s collective labour agreement. They are usually paid in November, and are not based on individual performances. The average amount is one month’s pay, but there are big differences according to branches. The amount is 95 – 100 % of the monthly wage in the banking sector, 82 % in the public sector (West German communities), 80% in the insurance field, but just 62.5% in retail trade and
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