Categories: Business

Mercadona Salary 2024 | Here’s what Mercadona’s new salaries will look like in 2024 with the new added bonus

The year 2024 began with a number of new economic developments for Mercadona workers. The new collective agreement, signed last December by the Valencian network under the leadership of Juan Roig and in force since January this year, has now added an additional bonus for the more than 100,000 people who make up the company, as the company announced through a statement.

The board decided to add a second plus to the traditional incentive. Thus, those employees who have been with the company for one to five years will receive an additional monthly payment in March as a bonus for achieving goals, as well as a second bonus that will be half of their monthly payment. That is, they will earn a salary one and a half times more than what they usually receive. Bonuses are higher if employees have worked for the company for more than five years. In this case, the objective bonus will be two monthly payments, as well as a second additional bonus, which Mercadona is distributing this year as an exception.

On the other hand, it is worth remembering that one of the main innovations of the new Mercadona collective agreement is the method of revaluation of wages. Salaries are linked to both the Consumer Price Index (CPI) and a company’s corporate performance. According to Mercadona, the base salary increase is linked to the consumer price index (CPI) and does not exceed 2.5%. Thus, if the CPI exceeds this percentage, the company will complete an increase of up to a maximum of 6%, which is directly related to the company’s profit goals.

New Mercadona salaries in 2024

He entrance salary The monthly gross salary of a full-time employee of Mercadona in Spain is 1553 euros (with proportional additional payments), and the salary of an employee with 4 years or more According to Mercadona on its website, this will rise to €2,102 per month, which is 50% more than the current interprofessional minimum wage in Spain. In addition, those workers who wear two and three years, receive a monthly gross salary of 1,706 and 1,893 euros, respectively. It should be remembered that salaries in companies in Portugal differ slightly.

To these salaries must now be added a bonus that the company has valued at €600 million, up 50% from 2023, when the total amount distributed was €405 million. The amount that Mercadona workers will be able to receive in their March salary after earning more than 3,000 euros gross from the first year. And those with more than five years of experience will receive a much larger amount with monthly payments of up to two and a half, exceeding 5,000.

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