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Jerónimo Martins invests 10 million euros in Portugal in annual bonuses for store and distribution centre employees

  • Extraordinary annual bonus for collective performance in 2019
  • Bonus amount increases 5% compared to the previous year, to 500 euros
  • 71,500 Group employees in all three countries to receive the bonus
  • In Portugal, the bonus is awarded to some 21 thousand employees, corresponding to an investment of 10 million euros

 

The Jerónimo Martins Group has increased the amount of the extraordinary annual bonus to 500 euros, awarded to operations employees (stores and distribution centres). This bonus, the amount of which is the same in Poland, Portugal and Colombia, rewards performance and shares recognition of the results achieved in 2019. It is set to be awarded to approximately 71,500 employees in all three countries.

In Portugal, 80% of eligible employees will be awarded the bonus, corresponding to nearly 21 thousand people and an investment of around 10 million euros.

The Jerónimo Martins’ Board of Directors approved its Chairman Pedro Soares dos Santos’ proposal to increase the bonus by 5%, compared to the previous year. This increase is higher than the sales growth of the Companies in Portugal, which, in 2019, posted an increase of 3% year-on-year.