Tesco accedes to wage demands, but issues remain


Tesco submitted its report pertaining to wage demands and workforce numbers by the Monday deadline to the two bodies  representing employees始 interests active at the company, the Independent Union of Commercial Workers (KDFSZ) and the Trade Union of Commercial Employees (KASZ), Tesco Global Stores Zrt. told state news agency MTI.

The news was confirmed by KDFSZ President Csaba Bubenk贸, and Zolt谩n Karsai, head of the KASZ strike committee. Tesco stressed that the document passed to the unions contains business secrets, and thus it would not reveal precise details for the time being.

In a statement to MTI on Monday, KASZ said that Tesco accepts the unions始 demands for pay rises and will raise the monthly wages of its lowest-earning employees retroactively from September 1 to a gross HUF 179,000.

In addition, the company also sent the unions a complex document pertaining to employee headcounts at its various stores, which the unions will need to study as the starting point for continuing negotiations. According to an earlier agreement, talks are set to resume on October 2.

Bubenk贸 stressed to MTI that Tesco始s report did not comply with the strikers始 demand for a 15% increase in employee numbers, but confirmed that no new strike would be called before the resumption of talks at the beginning of October.

Unions are calling for a 25% increase on 2016 wages for Tesco workers, so that even the pay of the lowest-earning workers reaches a gross HUF 180,000 per month.

KASZ and KDFSZ held two days of nationwide strikes on September 8 and 9. KASZ has 2,500 members at Tesco, and KDFSZ some 1,000.

Tesco has a total of 206 stores in Hungary, 112 of them hypermarkets. The company employs almost 20,000 workers.


Number of Liquidations Increasing Rapidly Figures

Number of Liquidations Increasing Rapidly

Varga Meets With Chinese Business Leaders Int鈥檒 Relations

Varga Meets With Chinese Business Leaders

Hungary Tops out HUF 300bn Munitions Complex Manufacturing

Hungary Tops out HUF 300bn Munitions Complex

Around 2,800 Events Take Place in European Capital of Cultur... In Hungary

Around 2,800 Events Take Place in European Capital of Cultur...


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.