A.P. Moller-Maersk A/S is giving $1,000 to each of its roughly 80,000 employees as the world’s largest shipping company heads for record profits this year.
According to Bloomberg News, the bonus will be in December or January paychecks, However, the top 400 managers at the Copenhagen-based company aren’t included in the program.
Maersk is set to report net income of more than $17 billion for 2021, according to analyst estimates. This record-breaking performance comes after global supply-chain disruptions have doubled freight rates several times over.
Chief Executive Officer, Soren Skou said in a memo, “In a massive team effort our colleagues across the globe have risen beyond the call of duty to respond to our customers’ needs. And this has not been easy given the unknowns and disruptions that we had to deal with, the impacted supply chains, congestions, and capacity shortages.”
In 2020, Maersk also paid a $1,000 bonus to most employees when the company reported a profit of $2.9 billion after losing money in three of the previous four years.
