It was revealed how much Tesco’s first person earns
The CEO of Tesco, Ken Murphy, will receive a record salary of 10 million pounds (~4.6 billion forints) this year, which consists of base salary and performance-based benefits.
Retail Gazette reports that the pay includes a base salary of £1.4m and a performance-based bonus worth £8.7m. The latter is more than double last year’s £4.4 million.
In addition, Murphy’s compensation includes an annual bonus of up to £3.6m and a share-based bonus currently worth around £5.1m. These benefits are scheduled to be paid in June.
Related news
Black Friday deals at the largest domestic chains: Lidl, Tesco, Spar and many others
Black Friday fever will not leave customers and retail chains…
Read more >The customer is the important to everyone, everywhere, at all times – We were learning together (Business Days 2024 Part 1)
Wednesday morning of the Business Days conference, the topic was…
Read more >We can help those in need with as little as 250 forints – again a coupon donation drive in Tesco stores
For the 15th time, Tesco has joined the Ecumenical Aid…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Using 30% less materials would be a solution to the climate crisis
The circular economy is a global imperative: it transcends geographical…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >