CMA CGM CEO Rodolphe Saadé recently announced at a year-end party with employees that the bonus is higher than last year (2021 year-end bonus is 8 weeks salary), which applies to the company All employees in the shipping sector, including seafarers. A few days ago CMA CGM also signed a general wage increase agreement for sedentary workers.
Eligible employees will receive the bonus in their December or January 2023 pay. New hires on or before December 1, 2022 will receive a pro-rated bonus based on their length of service with the company this year. CMA CGM stated that this move shows that the company attaches great importance to talents. Talents are the company's greatest asset, and it is precisely because of excellent employees that CMA CGM can achieve such excellent performance.
CMA CGM’s performance this year is still strong, and it will be a more profitable year. , the first three quarters completed last year’s full-year targets.
In the third quarter of this year, CMA CGM achieved a total revenue of US$19.91 billion, a year-on-year increase of 30% and a quarter-on-quarter increase of 2.2%; earnings before interest, taxes, depreciation and amortization (EBITDA) was US$9.15 billion, An increase of 28.9%, a month-on-month decrease of 4.6%; EBITDA rate of 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, in the first three quarters of this year, CMA CGM achieved total revenue of US$57.61 billion, EBITDA of 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 year of 2021. One hundred million U.S. dollars.
The year-end award for Taiwan’s Sanxiong is here
Evergreen will be released on the 30th, 60 months or more. "Breakthrough of 40 months in 2 consecutive years", "100 months of last year plus this year" sound of year-end bonus, and even rumors that managers with 22 years of experience will receive 82 months of bonus, if the monthly salary is NT$130,000, the year-end bonus will reach tens of millions. Yangming, Wanhai and year-end awards will be issued after Evergreen, around January next year.
According to sources, Evergreen’s year-end account entry time should be the same as last year, and the range is not far behind. Employees can go to the bank on December 30 to brush their notebooks and enjoy New Year’s Eve; Yang Ming’s account entry time is later, but the year-end The awards should be about the same as last year, about 12-14 months, and labor-management relations will become more harmonious. As for Wan Hai, it is the latest among the three shipping companies to issue the year-end bonus. Last year, Wan Hai issued the year-end bonus for a maximum of 18 months. However, the internal year-end bonus is issued according to performance, with a minimum of 2 months. There is a big gap.
A few days ago, Evergreen General Manager Xie Huiquan also pointed out that the current market conditions have picked up compared to November, and the freight rates of many routes have also seen a rebound before the Lunar New Year, and the loading rate of the US line has also increased. Increased to more than 90%, Evergreen Shipping also plans to impose a peak season surcharge of US$1,000 per container on the US line.
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