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JM Share > 16,235 1,09 % 29/03/2017, 16:35 GMT+1

Salaries and other benefits

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 below:

  • Basic Salary

The payment of a fair, competitive, and adequate Basic Salary that motivates outstanding performance is the starting point of our Salary System.

  • Variable Salary

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.

  • Length-of-Service Bonuses

Dedication and professionalism demonstrated over the years are rewarded with Length-of-Service Bonuses.

  • Fringe Benefits

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 teams;
  • 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.