Porsche 2012 Annual Report Download - page 99

2,000 schoolgirls a behind-the-scenes look into
careers in the automotive industry.
Volkswagen is also attempting to systematically
improve its work/family balance alongside hiring
and supporting talented female employees. This
includes a high level of working time flexibility and a
range of part-time and shift models, as well as local
and on-site childcare facilities. Volkswagen offers
meetings and seminars for employees on parental
leave in order to retain contact with employees on
parental leave and help ease their transition back
into the workforce.
Performance incentives and bonus
arrangements at Volkswagen
For the Volkswagen group, professional develop-
ment and training are a key component in creating
an outstanding team. A major part of the
Volkswagen group’s strategy includes systemati-
cally supporting and recognizing achievements
and switching to remuneration systems that allow
employees to share in the company’s success in
the long term. Universal and uniform criteria for
developing skills and recognizing achievements
have been in place at Volkswagen AG since 2010.
This applies to the entire workforce – from trainees
to senior executives. The criteria are underpinned
by concrete incentive systems in the remuneration
structure.
Volkswagen AG’s employees covered by collec-
tive pay agreements have a remuneration system
that comprises three key elements:
· the basic pay in the form of a monthly remuneration,
· the right to a bonus arrangement anchored in the
collective pay agreement,
· since the beginning of 2011, the performance-
based remuneration component, which recogniz-
es all employees’ individual achievements.
Volkswagen AG’s remuneration system, which
was expanded to include a performance-based
remuneration component, has proven itself as a tool
for the workforce to participate in the company’s
success. At the same time, it helps individual
achievements to be recognized while maintaining
competitiveness. This three-tier remuneration sys-
tem is being increasingly implemented throughout
the group.
Employee participation in the
Volkswagen group
Volkswagen group employees can actively help
shape the company through participating in the opin-
ion survey. This uniform, group-wide employee sur-
vey gathers information about employee satisfaction
once a year. Following the survey, the results are
discussed together by supervisors and employees.
Complaints and problems are discussed just as much
as suggestions on how to improve the structure of
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