Mercadona increases workforce salaries by 8.5% effective January 2025; company's 100,000 employees in Spain and Portugal to receive base pay of €1,685 gross monthly in first year

Mercadona's Management Committee has decided to increase the salaries of its entire workforce by 8.5% in order to contribute to increasing their purchasing power. This increase, which will be effective from the January 2025 payroll, reaches the over 100,000 employees the company has in Spain and Portugal. The percentage increase is the sum of the Consumer Price Index (CPI) for each country and an additional bonus decided by the company until this 8.5 % is reached.

In this way, the company's basic staff will receive €1,685 gross per month in their first year, which is 27% more than the Spanish Minimum Inter-professional Wage (Salario Mínimo Interprofesional, SMI), and €2,280 gross/month once they have been with the company for more than four years, 72% more than the SMI.

As part of its profit-sharing strategy (a measure promoted by shareholders in 2001), the company has also decided to allocate an additional bonus as well as the traditional performance bonus. The goal is to reward their effort and to share profits.

As has become customary, in March each year, from the moment they join the company, employees receive a bonus on their payslips, equivalent to their monthly salary, if they have achieved their targets agreed at the beginning of the year. This rises to twice their monthly salary once they have been with the company for four years; and additionally, this year, they will all also receive an extra bonus corresponding to one monthly salary.