Spain's Mercadona Shares Profits With Workforce
Spanish supermarket group Mercadona has shared €409 million of its 2020 profits with its entire workforce of 90,000 employees.
Some €366 million was distributed this week, on top of the €43 million from April 2020 that employees received in recognition of their commitment and effort during the beginning of the pandemic.
Along with the bonus, Mercadona has allocated more than €200 million to protect the safety and health of customers, employees, and suppliers.
This investment has been mainly directed to the acquisition of personal protective equipment; disinfection, cleaning and adaptation of security measures in-store, logistics facilities, and offices, as well as bolstering its in-house medical services.
Patricia Cortizas, Mercadona's general director of human resources and external relations, said "guaranteeing the opening every day of our more than 1,600 supermarkets in Spain and Portugal, would not have been possible without the talent and daily effort of each and every one of our employees."
The retailer has shared its final profits with employees since 2001, distributing more than €4.2 billion in the years since.
Another HR policy that benefits Mercadona employees is the recent introduction of a five-day working week, which gives employees two guaranteed days off every week.
© 2021 European Supermarket Magazine – your source for the latest retail news. Article by Conor Farrelly. Click subscribe to sign up to ESM: The European Supermarket Magazine.