After gaining its long fought 35 % majority stake in Volkswagen AG last week, Porsche SE announced its intentions to reward employees at Porsche AG with an increased annual bonus of 6,000 euro ($8,760) for the year ending July 31.

The bonus grows 800 euro compared to last year’s awarding.

The bonus includes a 3,800-euro payment from operating profit, 700 euros stemming from one-time financial gains, and 1,500 euros in honor of the company’s 60th anniversary, the carmaker said.

Worldwide Porsche sales for the past 10 months through May are up 0.7% to 6.02 billion euro.

Aiding these figures is the 47% increase in Cayenne SUV deliveries and the recent European introduction of a revamped 911. Up to date Porsche revenue figures are expected in the near future.

It’s great to see companies who give a damn about their employees!

Source: Bloomberg