Lidl Romania hikes wages to improve employee retention rate
Lidl Romania, the discount supermarket chain owned by German retail group Schwarz, has decided to raise the wages of all its employees to combat labor migration.
Romania Insider · Journalist
· Updated · 1 min read
Lidl Romania, the discount supermarket chain owned by German retail group Schwarz, has decided to raise the wages of all its employees to combat labor migration.
As of March 1, the lowest monthly average gross pay among Lidl’s employees will be RON 3,500 (EUR 745), which accounts for RON 2,180 (EUR 460) in net terms. This amount includes the salary and meal vouchers, annual Easter and Christmas bonuses, and other bonuses.
Additionally, Lidl has a payroll policy step by step, with yearly salary increases in the first years of activity within the company. Starting this year, the company guarantees salary increases in the first four years of employment.
Lidl's announcement came just after discount hypermarket chain Kaufland, the leader of the local retail market, which is also part of Schwarz Groupe, announced a similar move. The two, taken together, dominate the retail market in middle-sized Romanian cities and the higher wages will further squeeze their competition in a large number of cities.
(Photo source: Lidl Romania)
