To ease inflation
Migros and the Wage Cup will probably increase soon
Retailers Migros and Coop may see higher-than-normal wage increases next year due to inflation. This has to do with the sharp rise in inflation.
Soon there will be more wages for thousands of employees! Migros and Coop usually contact at the end of October or beginning of November about any salary adjustments the following year. In Migros, wage talks for 2023 have yet to begin. “We will run this with our social partners in the fall,” the orange giant said when asked by the AWP news agency.
But: “Of course we will try to take into account inflation and the financial condition of the company in question.” It is not possible to say with more accuracy at the moment. However, one thing is certain: “We want to provide good working conditions – this is also in our interest.”
The high cost of living is considered
Coop is also aware of the high level of inflation: “We are aware of the current economic situation and will include it in wage negotiations with our social partners this fall,” he said. Meanwhile, Coop mainly offers its employees “very good fringe benefits”. There are “many” loyalty rewards and perks to employees.
In June, inflation in Switzerland rose to 3.4%. It is therefore higher than it has been for nearly 30 years. For the current year, Coop raised wages by 0.8%; Migros by “up to 1 percent”.
Migros is the largest employer in Switzerland, and Cobb is also one of the largest. In 2021, Migros employed about 97,500 people, and in Cope it numbered nearly 91,000. (SDA / gif)
“Tv expert. Hardcore creator. Extreme music fan. Lifelong twitter geek. Certified travel enthusiast. Baconaholic. Pop culture nerd. Reader. Freelance student.”