In the race for the highest minimum wage in retail, Aldi Suisse is still ahead. The discounter will increase the salaries of all employees by 1 percent next year. Aldi employees are also provided with shopping vouchers worth 500 Francs and a one-time payment.
According to the information obtained, this one-time payment is 1 percent of the annual salary of the employees. “Structural changes” are also envisaged in the 2023 wage concept. According to a press release, this adds a total of 3 percent to the wage bill.
Highest Minimum Wage
With an overall wage increase of 1%, the company remains the company with the highest minimum wage in the Swiss retail industry. According to the announcement, full-time workers with minimum wage now receive CHF 4,646 per month plus the same amount of 13th monthly salary.
According to its own disclosures, Aldi is the St. Gallen University’s Competence Center for Diversity and Inclusion (CCDI) was awarded the “We Pay Fair” label this year, following a statistical review of fees. This proves that the company gives equal pay for equal work.
Other retailers also pay higher fees
Retail giant Coop will raise wages by 2 percent in 2023. Including additional shopping vouchers, the cooperative makes 3 percent redeem for higher staff wages.
Migros will increase wages between 2.0 percent and 2.8 percent. Minimum wages will also be increased. For positions that do not require apprenticeships, the minimum wage will be CHF 4,200 from 2024, CHF 4,300 for those who have completed two years of apprenticeship, and CHF 4,400 after three years of apprenticeship.
Denner, a subsidiary of Migros, also decided to raise salaries for the next year. The discounter increases payroll by 2.3 percent.
Fenaco, which is owned by Landi cooperatives, will increase wages by 2.6 percent for 2023. This consists of a 1.5 percent increase in fees and a one-time payment of CHF 800. Retailer and supplier of means of production raises the minimum wage to CHF 4,000 per month. (SDA/uro)
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.
