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Swedish Apparel Brand H&M Plans Generous Rewards For Employees

2010/10/25 11:21:00 57

H&M Sweden Apparel

International apparel company dynamics: Swedish apparel industry The global sales performance of tycoon H&M is brilliant. In order to thank all the staff, the company passed the most generous reward of the company in a recent special board meeting. Planning case 。


   Ms. Kristina Stenvinkel, director of information department at H&M, pointed out that this move is not only to show the company's most sincere gratitude to employees for their hard work, but also to let the outside world know that H&M is the best employer, hoping to retain and attract more talents.


This is caused by H&M The reward scheme prepared by Pelson, the owner of the clothing company, will benefit 76000 employees worldwide. The company will issue a value of 1 billion SEK stock as a gift. Employees who have served in the company for more than 5 years, regardless of the size of their posts, have the right to share this great gift.


It is estimated that an employee who has worked for more than 5 years assumes that the value of H&M stock will increase by 8% every year, and the value of stock held after 25 years will reach 110 to 1 million 600 thousand Swedish Krona.

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