KTM bankruptcy: Christmas bonus is missing-employees in great need!
KTM bankruptcy: Christmas bonus is missing-employees in great need!
In November it became known that the Austrian motorcycle manufacturer KTM filed for bankruptcy, which brings thousands of employees into a precarious situation. According to 5min.at remains unclear whether Christmas bonuses and salaries are actually paid. This situation hits the employees particularly hard in the upcoming Christmas season. Union representatives such as Reinhold Binder and Barbara Teiber expressed that this was "like a slap in the face" for those affected. They called for a rapid clarification of the responsibilities and emphasized the urgency that employees receive access to claims from the insolvency fee fund.
Overview of Christmas money claims
Christmas bonuses are essential financial support for many employees, especially in the festive season. As t-online.de reports often a collective agreement that is on average at 2,987 euros. However, there is no legal claim to why employers have more freedom to decide on the granting and amount of the Christmas bonus. Employees are particularly affected in uncertain economic locations, as are currently the case with KTM.
An important aspect for employees is that years of habit can lead to a claim to Christmas bonus, which could also prove to be financial relief in times of crisis. An equal treatment principle could also ensure that no employees are excluded arbitrarily. The uncertain location of KTM employees and the lack of guarantee for Christmas payments again illustrate the economic challenges that many employees face.
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| Ort | KTM, Österreich |
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