Decathlon Raising Wages for 3rd Time This Year

HR

Image by REPORT / Shutterstock.com

Decathlon said it would raise entry-level wages and the salaries of current employees, according to a report by Világgazdaság.

The goal of the sporting goods retailer is to offer competitive salaries to its new team members, while also taking responsibility for its existing employees in the changing economic environment.

Together with the current, third-stage increase, the salaries of their employees have increased by an average of 20% so far this year.

The company already raised wages in two steps this year. In January, entry wages rose by an average of 6%, along with the earnings of existing employees in the fields of trade and logistics.

The next increase took place in the spring, with performance evaluations that took place after the annual evaluations ended, resulting in an average increase of 9%.

Hungary's leading sporting goods distributor employs more than 1,500 employees in 24 stores, the logistics center in Hatvan (60 km east of Budapest), and the central office.

ADVERTISEMENT

The New Age of Commerce is Approaching Analysis

The New Age of Commerce is Approaching

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

Blue Chip Art and Passion Assets - Claudia Worthington Hess ... Podcasts

Blue Chip Art and Passion Assets - Claudia Worthington Hess ...

Magyar Posta to Close 35 Post Offices in Capital City

Magyar Posta to Close 35 Post Offices in Capital

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.