Mercadona’s Management Committee has approved a salary increase of 8.5% for its entire workforce in Spain and Portugal, an adjustment that seeks to improve the purchasing power of its more than 100,000 employees. The measure, effective from January 2025, will also benefit the 2,700 workers that the company has in the Balearic Islands. The chain founded by Juan Roig manages four large centers on the island of Ibiza: Santa Eulària, Puig den Valls, sa Carroca and Sant Antoni. This salary increase is calculated by adding the Consumer Price Index (CPI) for each country and an additional amount decided by the company. The decision is part of Mercadona’s commitment to link salaries to the cost of living and to improve the working conditions of its team.
New salaries: up to 72% more than the SMI
With the increase, the company’s core staff will gain:
- 1,685 euros gross per month during the first year, 27% more than the Minimum Interprofessional Wage (SMI).
- 2,280 euros gross per month after more than four years of seniority, which represents 72% more than the SMI.
Profit sharing and additional premiums
Mercadona also reinforces its profit sharing policy, implemented since 2001. This year, in addition to the traditional profit bonus, workers will receive:
- An extra monthly allowance in March if they meet the established annual objectives.
- Two additional monthly payments for those with more than four years of seniority.
- An additional bonus equivalent to one month’s salary, as a reward for the effort made.
Impact on the Balearic Islands
In the Balearic Islands, where Mercadona employs 2,700 people, these salary and incentive improvements reinforce its position as one of the leading employers in the sector. The initiative is also in line with the company’s efforts to retain and motivate its workforce in a context of high inflation.
