We ensure competitive, fair and balanced salary practices, under a “Total Reward” policy.
Jerónimo Martins Salary System
The Jerónimo Martins Salary System is viewed from a global
payment standpoint that includes the four components described
The payment of a fair, competitive,
and adequate Basic Salary that motivates outstanding performance is
the starting point of our Salary System.
We evaluate the performance of our
teams, valuing a balance between results achieved and behavioural
skills. This balance is crucial and is reflected in internal
recognition processes. Once a good performance is confirmed, we
reward the team's commitment, distributing the value generated
among its members.
Dedication and professionalism
demonstrated over the years are rewarded with Length-of-Service
To ensure the needs of our employees
are met, we establish partnerships with organisations in various
areas, including Education, Health and Wellness. Benefits and
discounts are granted to all employees and, in certain
circumstances, also to their families.
Our remuneration policy
The payment of fair, attractive and competitive remuneration is,
for us, a decisive factor for excellent performance. It is our
practice to review and adapt the salary policies of our Companies
annually in order to attract and retain human capital.
Objectives of the salary and benefits policy
- To promote the development, growth and competitiveness of
- To reward and recognise their efforts;
- To give employees responsibility for short, medium and
long-term results and objectives.
Based on these objectives, the Group's Human Resources area
defined a remuneration model that promotes an alignment between the
expectations and needs of employees with the investment that the
Group makes in their development. This model:
- Reflects the objectives set out;
- Recognises our commitment to our employees;
- Encourages a culture based on merit and performance.