Tesco to raise salaries in 2 steps
Tesco-Global Department Stores Zrt. will increase its employee wages in two steps this year, with the company spending HUF 3.8 billion on wage increases for retail workers under an agreement with the Trade Union of Trade Employees (KAS) and the Trade Union of Independent Workers (KDFSZ), writes magyarmezogazdasag.hu.
In a joint statement released by the company and the two unions, the supermarket chain will provide more than HUF 4 billion in 2020 for a package of benefits including childbirth and school, jubilee, health and social elements.
The lowest wage package available, including basic salary, cafeteria and average allowances, will be gross at HUF 275,000 per month between March and August this year, which will rise to HUF 289,000 between September and February 28 next year.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.