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Salaries: Annual report 2022: Bahn boss received 2.24 million euros

Salaries: Annual report 2022: Bahn boss received 2.24 million euros

The board level of Deutsche Bahn could look forward to rising salaries in 2022. It was not just Richard Lutz who doubled his income.

Bahn boss Richard Lutz received more than twice as much money from his company last year as in 2021. According to the annual report, the remuneration of the CEO was 2.24 million euros. His base salary was almost 970,000 euros. Added to this was a bonus of more than 1.26 million euros.

Other colleagues were also happy about a plus: Infrastructure Director Berthold Huber ended up with a total remuneration of 1.41 million euros (2021: 662,000 euros), HR Director Martin Seiler earned 1.39 million euros (2021: 659,000 euros).

A performance-related bonus was paid to all Management Board members in the past year. According to the annual reports, the board members did not receive such bonuses in 2021 and 2020.

In 2022, Deutsche Bahn was struggling with numerous infrastructure problems and poor punctuality. The group is currently negotiating with the EVG union about a new collective agreement for around 180,000 employees.

The EVG demands at least 650 euros more per month for all employees or twelve percent more money for the upper wage groups. Among other things, Deutsche Bahn has offered to raise wages in two steps by a total of five percent. In addition, one-time payments of a total of 2500 euros were promised. The EVG rejects this.

Source: Stern

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