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Competition with German discounters Aldi and Lidl has increased in recent years not only for lower prices in stores, but also for employees on the sales front. This competition is also carried out on wages.
Aldi Suisse now uses pay shares. The discounter will publish its 2024 salary round on Thursday. The overall wage increase for the discounter’s approximately 4,000 employees in Switzerland is 1 percent. According to the statement, the company uses 2.4 percent of its total payroll for salary increases and bonuses.
Aldi boss Jérôme Meyer, 44, says “rewarding” employees ensures they are “financially” well-off even in economically difficult times. Meyer emphasizes: “We continue to raise the highest minimum wage in the retail industry.”
This means that the Aldi minimum wage will rise from the previous 4,646 francs to a new 4,700 francs (13 times). Moreover, there is an “attractive bonus package” for all employees. It consists of a one-time payment and a product receipt. There are no details about this.
How does it look at other retailers?
The discount competition looks like this: At Denner, unskilled workers will receive 4,400 francs per month (13 times) with a 100 percent workload next year. There is also a gift card worth up to 500 francs, depending on your workload.
A look at Lidl shows: Currently 4,500 francs a month (13 times) without training. But when you look at the competition between discount stores in recent years, employees may hope for an increase. Lidl will only announce what it will look like on the fare front next year in March.
Unskilled workers at Coop and Migros are paid less than the statistical low wage limit of 4,399 francs per month (minimum wage 4,200 francs). However, in addition to vacation days, social benefits and payments to the employer’s pension fund are also important. Here, the two major distributors sometimes act much more generously than other companies in the industry.
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
