VIENNA, December 14, 2020 - BAWAG Group thanks its employees for their strong commitment during these challenging times with a special bonus of € 300 for each employee. “We are proud of all our employees, whose efforts this year in supporting our customers and local communities, reflects the best of the banking community. As a sign of recognition for their extraordinary commitment during these challenging times, we have decided to pay a special bonus to all employees," comments Anas Abuzaakouk, CEO of the BAWAG Group.
"Whether in branches or in the home office - our colleagues have worked with great commitment under very challenging conditions. I am delighted with this gesture of appreciation," says Ingrid Streibel-Zarfl, Chairwoman of the Central Works Council.
In dealing with an unprecedented health crisis, BAWAG Group took early action to protect its employees while supporting its customers and local communities. Our teams across the Bank - from sales to operations to specialist departments - have been working closely with our customers in these challenging times since early March.
The special bonus is not the first this year. A special bonus was introduced in the second quarter for all front line branch employees. The Management Board also voluntarily waived any bonus for 2020, having already waived the bonus for 2019.
Supporting our local communities during these challenging times
During these challenging times, it is important for companies to support their local communities by providing financial and operational support to those individuals and groups that are most in need. At BAWAG Group, we’ve focused our efforts on partnering with organizations focused on early education, economic hardship, and gender equality. We aim for long lasting partnerships with non-profit organizations that address these areas. BAWAG P.S.K.'s commitment to projects such as Licht ins Dunkel, CARITAS and the support of various social projects at www.crowdfunding.at have been at the core of the Bank's social roadmap for years and more pronounced during the COVID-19 pandemic. During the months of October and November, the Bank earmarked donations to various social programs for every new current account opening. In December, in addition to smaller regional donations, BAWAG P.S.K.’s traditional support for Licht ins Dunkel amounted to €50,000, targeting support for children and families experiencing various hardships. At present the bank, its employees and the works council are pursuing another goal: to raise at least € 50,000 for the social project of Volkshilfe “LERNEN.MÖGLICH.MACHEN”. The project provides educational opportunities for children and teenagers in Austria who are suffering from economic hardship, ultimately providing them with the necessary resources to improve their future prospects through education.
Manfred Rapolter (Head of Corporate & Commercial Communications, Spokesperson)