As a sign of gratitude for their commitment, IKEA Group will pay more than 1,2 million Kunas to a special pension fund for its employees in Croatia, said IKEA Croatia recently.
Three years ago, IKEA Group introduced ‘’Tack!’’, a unique fidelity program within which the company pays an annual contribution to all its employees for future retirement (‘’tack’’ is a Swedish word for ‘’thank you’’).
‘’We believe in rewarding loyalty and expressing gratitude to colleagues who stay with us and continue to work for the success of the entire IKEA Group. Our colleagues need to know how much we appreciate their experience and commitment, and I am proud that IKEA Group in Croatia will allocate additional 4,176,38 Kunas per employee for pensions of our 295 colleagues this year’’, commented Stefan Vanoverbeke, the director of IKEA Croatia and the regional director of IKEA South East Europe (SEE).
As IKEA Group explained, the same amount is allocated to all those who have worked at least one full fiscal year in the company. After five years of working in the company, the accumulated money is paid to a special pension fund for employees, and then it is paid directly to the fund every year.
It is interesting to note that since the ‘’Tack!’’ fidelity program was introduced three years ago, IKEA Group has paid 509 million Euros to the fund for better pensions of IKEA employees.