(Bloomberg) -- Ikea’s largest franchisee is awarding more than 170,000 employees a one-time bonus for helping accelerate web-based sales during the Covid-19 pandemic.
Ingka Group saw the online share of its 37.4 billion euros (US$43.4 billion) revenue for the 2021 financial year increase to 30% from 18% a year ago. That growth and staff efforts to quickly adapt stores to introduce Covid-19 safety measures mean employees worldwide will share a total of 110 million euros, according to a statement on Friday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!