Every member of Ikea staff will be given a £1,200 bonus this Christmas if they have worked there for five years or longer.
The Swedish furniture company revealed it will be putting this loyalty bonus into the pension pots of staff who have worked there for a decent amount of time.
Nationally, workers will receive a share of a €108m pot as part of the company loyalty scheme.
The scheme is called ‘Thanks!’ and aims to show gratitude to its employees. The money will be added to worker’s pensions.
Part-time staff will be covered as well, and will be given bonuses which match the amount of hours they have worked.
“We want to be an amazing place to work, where people are happy, thrive and want to stay.
“We know that our colleagues primarily want to work for us because we are a values-based company with a focus on development.”
However, the bonus still falls short of the John Lewis Partnership scheme, which handed its employees an average payment of £1,585 each from a pot of £145 million.
Rebecca joined the HRreview editorial team in January 2016. After graduating from the University of Sheffield Hallam in 2013 with a BA in English Literature, Rebecca has spent five years working in print and online journalism in Manchester and London. In the past she has been part of the editorial teams at Sleeper and Dezeen and has founded her own arts collective.