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₹3.5 lakh bonus for 19,700 employees: This company will reward staff amid record sales

  • French luxury design firm, Hermes, will give each of its 19,700 employees a year-end bonus of €4,000 (₹3.5 lakh).
  • The bonus comes amid record profits, with fourth-quarter revenues increasing by 23% year on year.
  • Hermes is the third-largest brand in luxury fashion, with full-year revenues of €11.6 billion ( ₹1 lakh crore).
  • The company will also distribute nearly €1.4 billion to investors via a dividend of €13 per share, up 63% from last year.

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