A German company gives its workers a "Corona grant" of 1,000 euros

The company has allocated 200 million euros to distribute the grant to all its employees, except for senior management. Reuters

Today, the German company, Siemens, announced that it has granted most of its employees a "Corona Scholarship", worth up to 1,000 euros.

The company stated that it has allocated a total amount of 200 million euros to distribute this grant to all its employees worldwide, except for senior management, which is approximately 235 thousand people.

"The past months have been a violent challenge for our company, and we have overcome this challenge together well," said Siemens CEO, Joe Kaiser, who is about to leave.

He added that the payment of the grant confirms the company's appreciation for "exceptional achievements and the role of our colleagues under the most difficult circumstances."

It is expected that this grant will be disbursed during the current month, if possible, and the value of the grant will be adjusted according to the purchasing power in each country where the workers reside.

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