After the most successful year in the company’s history, Porsche has announced that its employees will receive a special bonus of up to €9 300 (that’s about R135 000) each.

The bonus for 2017 will be paid to around 23 000 employees at Porsche AG (rewarding them for “their extraordinary commitment”), adjusted to their individual working hours and length of service.

The Stuttgart-based brand says there are two components to the bonus: €8 600 will be paid out for the "exceptional performance" of staff during the 2017 financial year, while an additional €700 will be paid as a special contribution to the Porsche VarioRente pension scheme or to individual pension schemes.

In addition, Porsche employees will receive a one-off 2018 anniversary bonus of €356, honouring the automaker’s 70-year anniversary.

During the 2017 financial year, the sportscar manufacturer increased its deliveries by four percent to about 246 000 vehicles, achieving a revenue of €23,5-billion. By the end of 2017, the Porsche workforce had grown by eight percent to 29 777 employees.

“The successful Porsche year 2017 was a team effort,” said Oliver Blume, chairman of the executive board of Porsche AG. “We are proud of the great commitment and passion of all our colleagues. At Porsche, the focus is on people."