Penny employees will receive a 10% wage increase and an employee discount

By: Trademagazin Date: 2024. 02. 02. 11:59

The main goal of PENNY Hungary is to adapt the compensation package of the employees to the economic situation and provide them with wages that ensure a stable living. Taking into account the Hungarian labor market situation – wages will increase by an average of 10% from April 1, 2024 – the company reported on Friday. The retail chain will spend nearly HUF 4 billion in 2024 to correct employee salaries. The average compensation of 10% is part of a complex benefits package.

As the most important element of the wage increase, basic wages will rise by an average of 10% this year. As a result of the preparatory work of the past years, a shopping discount will be provided to more than 5,000 employees of PENNY starting this year. The extra allowance can mean an additional income increase of up to 2-4% compared to the base salary of the colleagues who are employed in the largest number in the field of sales network and logistics.