Ikea hands out Covid bonuses to worldwide staff

Ikea has revealed it will phase out plastic from consumer packaging by 2028 as it moves towards only using renewable or recycled materials
Annually., Ikea spends over 1 billion Euros on approximately 920 000 tonnes of packaging material.

Ikea has announced it is awarding its worldwide employees a bonus for their contribution to the rise in online sales during the Covid-19 pandemic.

More than 170,000 employees are due to receive the one-time bonus by Ikea owner Ingka Group.

The group saw the online share of its €37.4 billion (£31.6 billion) revenue for the 2021 financial year increase to 30 per cent from 18 per cent a year ago.

READ MORE: Ikea to move into Topshop’s former Oxford Street flagship in 2023

The average bonus per worker has not been disclosed but will be based on each country’s proportion of total wages and will be paid out in January.

Ingka Group operates home furnishings stores in 32 markets. The retailer opened 25 new locations during the financial year.

“Our physical stores, large and small, will always be an essential part of the Ikea experience,” Ikea UK and Ireland country manager, Peter Jelkeby said.

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