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Pandora UK and Ireland gives retail employees one-off bonus

Employee Benefits

Jewellry brand Pandora has awarded its 2,600 retail employees across UK and Ireland a one-off bonus , following its 2023 financial results. The bonus, which is driven by Pandora’s commitment to retail and staff development, is due to its higher-than-expected group results for 2023.

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Parfetts awards employees 12% profit share bonus

Employee Benefits

Guy Swindell, joint managing director of Parfetts, said: “Our staff work hard to ensure our retailers have the support they need to grow their businesses. Thanks to their efforts, we continue to go from strength to strength and deliver the service that attracts retailers from across the industry to partner with us.

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Lego ties salaried employees’ bonus payments to annual emissions

Employee Benefits

The annual KPI is an emission reduction target that includes measuring emissions from production sites, hubs, offices, Lego brand retail stores, company cars and business travel. That’s why, from this year, a percentage of our performance management programme for salaried employee bonuses will be tied to annual emissions. billion (£1.1

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How to Improve Employee Engagement in Retail: Importance, Ideas & Solutions

Vantage Circle

A McKinsey study discovered that the turnover rate in the retail industry is 70% higher than in other industries. This alarming figure raises questions about the working conditions in retail sectors. Are retail employees truly motivated and committed to their workplace? Has this always been the case in the retail industry?

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New Look Retailers reports 27.96% mean gender pay gap

Employee Benefits

New Look Retailers has reported a 27.96% mean gender pay gap for 2023, up slightly from 25.7% Like many fashion retailers, the organisation has attributed its gender pay gap to the large proportion of women working in its stores. The post New Look Retailers reports 27.96% mean gender pay gap appeared first on Employee Benefits.

Retail 59
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Parfetts awards staff 10% profit share bonus

Employee Benefits

It is their hard work that is driving the business forward and supporting retailers across the UK. The year ahead will continue to provide a challenging environment for retailers, and we are increasing our efforts to support their margins and give them the service they need to operate efficiently and effectively.”

Bonuses 59
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Ingka Group to pay out €311 million performance-based bonus

Employee Benefits

Ingka Group, which owns retailer Ikea, has announced that it will pay out a €311 million employee bonus based on good results this financial year, where revenue grew by 5.4%. The bonus total varies each year and is based on the performance of the business unit, retail country and market area. loyalty pension programme since 2014.

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