Particle.news
Download on the App Store

Mercadona Pays €780 Million Bonus to 112,000 Staff as Pay Rises and Extra Leave Take Effect

The payout reflects a workforce investment exceeding €1 billion tied to Mercadona’s Total Quality model, enabled by strong 2024 profits.

Overview

  • On 25 February, Mercadona distributed a performance-linked bonus of €780 million to more than 112,000 employees in Spain and Portugal.
  • Staff with over four years’ service—about 70% of the workforce—received up to €7,250 net today, combining a €5,400 variable payment with their monthly salary.
  • Employees with less than four years’ tenure received the equivalent of two monthly variable payments under the company’s tiered scheme.
  • Permanent salary increases to protect purchasing power are now in effect, rising 2.9% in Spain and 2.2% in Portugal at an annual cost of €125 million.
  • Annual vacation has been expanded from 30 to 37 days across both countries, a change carrying an estimated €100 million yearly cost as part of a package exceeding €1 billion that the company links to record 2024 revenue of €38.8 billion and net profit of €1.384 billion.