Publicis Groupe’s Q3 results were chock-full of positive surprises, which led to the French creative agency rewarding 45,000 staff members with hefty bonus packages.
With organic growth of 10.3%, Q3 has been the third quarter in a row with growth that exceeds 10% for Publicis.
Such positive rates have allowed the company to raise their annual forecast for the second time this year. Firstly, the February forecast put revenue growth to somewhere between 4% and 5%, which the company then raised to 6%-7% for July.
Despite harrowing macroeconomic conditions and soaring inflation that threatens to shut down the global economy, Publicis Groupe is doing better than ever. The company recognized the role its employees had in achieving such tremendous results, and decided to reward them for all their hard work and effort.
Besides rewarding employees for the dedication and time they’ve put in as part of the advertising agency, the company also recognized the need to help its staff who are facing the rising cost of living.
The “exceptional bonus,” according to Publicis, will amount to an extra week’s salary for all employees who have spent the last 12 months with the company, if they are not already entitled to variable compensation.