According to French media Le Marin, CMA CGM will issue a year-end bonus equivalent to 10 weeks' salary to all employees, including seafarers.
CMA CGM CEO Rodolphe Saadé recently announced the news at a year-end party with employees that the bonus is higher than last year ( the 2021 year-end bonus is 8 weeks of salary ). The bonus applies to all employees in the company's shipping department, including seafarers. A few days ago CMA CGM also signed a general wage increase for sedentary workers.
Eligible employees will receive the bonus in their salary in December or January 2023. New employees who join the company on or before December 1, 2022 will receive a prorated bonus based on their length of service with the company this year. CMA CGM said that this move shows that the company attaches great importance to talents. Talents are the company's greatest assets. It is precisely because of its outstanding employees that CMA CGM can achieve such excellent results.
CMA CGM’s performance this year is still strong, and it is a more profitable year.. In the first three quarters, it completed the target for the whole year of last year.
In the third quarter of this year, CMA CGM achieved total revenue of US$19.91 billion, a year-on-year increase of 30%, and a month-on-month increase of 2.2 %; Profit before interest, taxes, depreciation, and amortization (EBITDA) was US$9.15 billion, a year-on-year increase of 28.9%, a month-on-month decrease of 4.6%; the EBITDA rate was 46%; net profit reached 7.04 billion US dollars, a year-on-year increase of 25.1%, a month-on-month decrease of 7.4%. Net debt decreased by $5.3 billion to $78 million from June 30, 2022.
In other words, CMA CGM achieved total revenue of US$57.61 billion in the first three quarters of this year, EBITDA reached US$27.61 billion, and net profit of US$21.84 billion., have exceeded the US$55.98 billion, US$23.10 billion, and US$17.89 billion for the whole of 2021.
Taiwan Container Sanxiong year-end bonus is here
Evergreen 30 will be issued on the 30th, 60 months or higher
Taiwan The year-end bonus payment time for the three heroes of the Taiwan Container Industry has also been released. Evergreen Shipping has confirmed that it will be distributed on Friday the 30th. The market has already heard the voice of "breaking 40 months for two consecutive years" and "reaching 100 months last year and this year". It is even reported that a manager with 22 years of experience will receive an 82-month bonus. If the monthly salary is NT$130,000, the year-end bonus will reach 10 million. The year-end bonus distribution time of Yang Ming and Wanhai will follow that of Evergreen, which will be around January next year.
According to sources, Evergreen’s year-end accounting time should be consistent with last year, and the range is not far different. Employees can have a good New Year’s Eve after going to the bank to brush their notebooks on December 30. Although Yangming’s accounting time is a little later, the year-end bonus should be similar to last year, about 12-14 months, and labor-management relations will be more harmonious. As for Wan Hai, it is the latest among the three shipping companies. Last year, Wan Hai issued a year-end bonus of up to 18 months. However, the internal year-end bonus was paid based on performance, with a minimum of 2 months, which is a big gap.
html A few days ago, Evergreen General Manager Xie Huiquan also pointed out at a press conference on major news that the current market conditions have rebounded from November. Currently, freight rates on many routes have also rebounded before the Lunar New Year. The loading rate of the US line has also increased to more than 90%. Therefore, Evergreen Shipping plans to impose a peak season surcharge of US$1,000 per container on the US line.
