Tesco: another 1 billion for HUF for wage increase

By: Trademagazin editor Date: 2017. 06. 08. 11:22

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Today, Tesco announced another 1 billion HUF wage increase in Hungary. The salaries of most employees in the company’s entire department stores and warehouses – 70 percent of the active colleagues – are increasing. Since July 2015, the company has invested 7.4 billion HUF into raising wages in Hungary.

tesco

Pártos Zsolt

“Our guiding principle is to focus first on the lowest income categories in wage settlement. From now, every employee working at Tesco for at least 6 months earns at least a gross 165,000 HUF, and next January we will raise this salary again, above the qualified minimum wage” Pártos Zsolt, new chief operating officer of Tesco-Global Stores told.