Danish firm hands out 65,000 kroner Xmas bonus to employees

Company has shelled out 10 percent of its annual profit to mark their big anniversary

At some companies you’re lucky if you get a bottle of red wine for your Christmas present – and that’s despite some pretty generous tax breaks for employers.

Magasin vouchers, either for 500 or 1,000 kroner, are a popular choice, but there are a select few who go out to make their employees extra happy … and some of them even live to see another Christmas.

READ MORE: IKEA Denmark’s employees’ Xmas gift is a month’s salary plus 30 percent

I’ll see you Lego and IKEA, and raise you
Lego gave its employees a month’s salary as their Christmas present in 2015. And then a year later, IKEA agreed to pay a bonus worth up to 130 percent of their monthly salary.

And now in 2017, Interdan Holding – a car importer and distributor based in Hellerup that also dabbles in property investment – is raising the ante again.

It has confirmed it is giving its 300 permanent employees a Christmas bonus of 65,000 kroner to mark its 65th anniversary – a gift that is the equivalent of 10 percent of its annual profit.

READ MORE: Lego employees’ Xmas gift is a month’s salary

Founder would have been proud
The chief executive, Maria Bruun, who is a fourth generation descendant of the founder KW Bruun, thanked her employees for the role they have played in the company’s success.

She praised a recent “positive development”, which resulted in a post-tax profit of 206 million kroner last year, and noted that the employees were “extremely positive” about the bonus.

The gift echoes the words of KW Bruun, who always maintained: “Money must never be the goal. Only the means.”




  • Digitization is the secret ingredient in Chinese restaurateur’s growth adventure

    Digitization is the secret ingredient in Chinese restaurateur’s growth adventure

    Publisher Jesper Skeel and Korean BBQ restaurant chain owner Zen discuss the ups and downs of independent entrepreneurship and how to crack the Copenhagen market, from both an international and Danish perspective.

  • Pro-Palestinian demonstrations divide Copenhagen society

    Pro-Palestinian demonstrations divide Copenhagen society

    As popular protests of the Israeli offensive in Gaza erupt around the world and in the media, from university campuses to the streets of major cities, discord is escalating between demonstrators, the general public, authorities and politicians.

  • Denmark leads 15 member states in call to outsource EU migration policy

    Denmark leads 15 member states in call to outsource EU migration policy

    Just one day after the EU finally landed its New Pact on Migration and Asylum following four years of tough negotiations, a group of 15 member states, led by Denmark, issued a joint call for greater efforts to outsource migration policy and  prevent migrants from arriving at EU borders in the first place.

  • How to lead Danes IV – Cultural Bypassing

    How to lead Danes IV – Cultural Bypassing

    Many of us Danes, despite being well-educated and well-travelled, often lack experience in navigating cultural differences at work. This can lead to ‘cultural bypassing’, where we believe we are at a level of enlightenment where we no longer are burdened by the risk of making cross-cultural mistakes. As their manager, you can help your Danish colleagues by acknowledging cultural differences in the workplace.

  • Denmark’s Climate Minister wants to expand green agriculture bill

    Denmark’s Climate Minister wants to expand green agriculture bill

    Legislation to cut the sector’s emissions could “kill two birds with one stone” if it also combats fertiliser run-off in Denmark’s marine environment, says Climate Minister Lars Aagard, marking a potential shift in the green negotiations.

  • Dansk Folkeparti threatens to leave Climate Act over CO2 tax on agriculture

    Dansk Folkeparti threatens to leave Climate Act over CO2 tax on agriculture

    Several parties have criticised Dansk Folkeparti’s announcement that it may drop out of Denmark’s ambitious Climate Act agreement, calling the threat populist and cowardly.