Bonuses averaging as much as 40,000 kroner per person are to be paid by the furniture chain to its staff, Nettavisen reports.
The company’s 3,000 employees in Norway can look forward to receiving their cash gift before Christmas.
“All staff who have worked for at least 6 months in total throughout the year will be given a bonus of 113 percent. That means that each employee will be given more than one monthly wage extra in December,” Ikea Retail Norway’s acting head of communications Siv E. Egger Westin told Nettavisen.
The bonus payout will cost Ikea 120 million kroner.
Although the company has regularly handed out Christmas bonuses in the past, they are not usually big as this year’s.
In 2016 and 2017, Christmas bonuses by the company’s Norwegian arm averaged around 12,500 kroner.
“When we deliver good results, it’s thanks to our staff who are there every day. That’s why we want to give something back, and the bonus is a good way to do it,” Westin told Nettavisen.
The financial year from September 2018-August 2019 was a good one for Ikea with strong growth, the spokesperson said.
“We have good reason to give a bonus to our employees,” she said.
That reflects an upturn for the company compared to 2018, when sales fell for the first time in 20 years and plans to build 4 new stores were shelved.
A “planning studio” at which customers can plan new designs for their homes will be Oslo’s Akersgata in February, Westin told Nettavisen.
That will provide a central location in contrast to the tradition out-of-town placement of Ikea stores.
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