What a salary bonus looks as if in Austria

From bonuses to commissions to bonuses – how is the extra money regulated?

Recently excited US pop celebrity Taylor Swift the attention of the operating global. She should at some point of her Eras-Tour Paid a $100,000 bonus to team members and truck drivers. The message went round the arena. “Sign me up for that job” (translated “Sign me up for this job”) it stated on social media. The Popstar however can without problems find the money for it, he writes Spiegel. Her excursion is said to have already grossed $1.6 billion. Nevertheless, the quantity could be very “beneficiant”, as Michael Scherkenbach (CEO of Shomotion, a logistics company) comments in a CNN interview. This is how a “traditional Bonus amount” at $5,000 to $10,000: “So this huge quantity is implausible.”

Like such Bonus-Payments in Austria ought to look like? First, Chamber of Labor attorney explains Alexander Tomanek that salary bonuses are not legally regulated in this united states. They fell under the place of ​​variable remuneration additives: “It can be a bonus, a fee or a bonus.” For example, employers again and again agree on profit sharing with their employees.

In order to keep away from misunderstandings, it is critical that employers and personnel agree in advance precisely what they're going to pick out and what form of individual Bonus should be fulfilled.

How do the “variable remuneration components” differ?

Bonus: is also called a bonus wage and is carefully connected to the performance of an employee. Because in addition to the “normal” salary, you obtain a special monthly payment if you provide sure extra services which have been agreed in advance and cross past the same old level.

Provision: The scenario is similar with the commission, due to the fact, as explained at the WKO web page, it isn't “fixed”. It is simplest paid out if positive situations are met. The commission is “a proportion of the employee within the cost of the company’s transactions that come about via the employee’s hobby (e.G. Mediation, business transaction),” writes the WKO.

Gratuity: According to the Gabler Wirtschaftslexikon, a gratuity is a unique gain that the enterprise additionally receives for positive reasons. For example at Christmas, for a carrier anniversary or as a sort of holiday pay. However, gratuities are also to be understood as “reputation for services rendered and an incentive for further service”.