Connect with us

Business

Carrefour hypermarket chain hits landmark of 1,000 ‘Express’ stores across Spain

Published

on

CARREFOUR Spain has hit the milestone of opening 1,000 Express stores, with over a hundred new outlets launched so far this year.

The company has opened more than 100 Express stores in each of the last five years, with the highest number of openings of any retailer in Spain over the past 12 months.

Under the Express banner, the French-owned retailer runs supermarkets and neighbourhood stores that operate under franchise deals and are even located at petrol stations.

With an average surface area between 100 and 500 square metres, the stores try to offer a range of around.5,000 items.

Around 90% of Carrefour Express establishments operate under a franchise model, with 85% as family self-employed businesses.

In addition, 40% are led by women and 25% are managed by young entrepreneurs.

Out of the total number of stores that opened this year, 22 have been at Cepsa petrol stations.

The objective of these stores is to offer users an option to shop without leaving the service station.

Image Credit: Carrefour Spain

Andalucia

Spain’s Unicaja Banco reaches deal to cut 1,513 jobs and close hundreds of branches

Published

on

spain’s-unicaja-banco-reaches-deal-to-cut-1,513-jobs-and-close-hundreds-of-branches

SPAIN’S fifth-largest bank, Unicaja, has reached a deal to cut up to 1,513 jobs and close a quarter of its branches.

The bank announced cost-cutting plans in October and the main union at the bank, the CCOO, says it has thrashed out an agreement which needs to be ratified before December 7.

A strike scheduled to take place this Friday was called off at the last minute after all-night discussions.

Walkouts and protests have taken place in recent weeks.

Unicaja Banco is expected to save around €200 million.

In a statement, the CCOO said that it ‘welcomes the accord that guarantees voluntary and paid departures, protects the under 50s in the workforce, improves severance pay, and provides alternatives to forced mobility’.

The bank currently employs 9,677 people.

There has been official comment from Unicaja and there are no details as to which branches will close.

It’s been estimated that up to 400 branches are threatened out of its 1,371 network.

The Malaga-based Unicaja took over Liberbank in July.

It has over 4.5 million customers with assets of around €113 billion.

Unicaja’s cuts are similar to measures taken by other Spanish banks in the last two years.

READ MORE:-

Continue Reading

Andalucia

Spain’s Unicaja Banco reaches deal to cut 1,513 jobs and close hundreds of branches

Published

on

By

SPAIN’S fifth-largest bank, Unicaja, has reached a deal to cut up to 1,513 jobs and close a quarter of its branches.

The bank announced cost-cutting plans in October and the main union at the bank, the CCOO, says it has thrashed out an agreement which needs to be ratified before December 7.

A strike scheduled to take place this Friday was called off at the last minute after all-night discussions.

Walkouts and protests have taken place in recent weeks.

Unicaja Banco is expected to save around €200 million.

In a statement, the CCOO said that it ‘welcomes the accord that guarantees voluntary and paid departures, protects the under 50s in the workforce, improves severance pay, and provides alternatives to forced mobility’.

The bank currently employs 9,677 people.

There has been official comment from Unicaja and there are no details as to which branches will close.

It’s been estimated that up to 400 branches are threatened out of its 1,371 network.

The Malaga-based Unicaja took over Liberbank in July.

It has over 4.5 million customers with assets of around €113 billion.

Unicaja’s cuts are similar to measures taken by other Spanish banks in the last two years.

READ MORE:-

Continue Reading

Business

Highest and lowest paid jobs in Spain – see if yours on the list

Published

on

By

COMPANY bosses took home the top pay packets in Spain last year, while cleaners earned the least, new figures show.

Bankers are among those who earned the most in 2020, followed by teachers and those working in public administration – with domestic, hospitality and agriculture workers at the opposite end of the scale

Finance and insurance executives earned the most, with 64.8% taking home more than €2,295.2 euros a month, according to new stats from the National Institute of Statistics (INE) based on data from the Labor Force Survey (EPA).

The majority of teachers and public workers also took home well over €2,000 per month. 

Meanwhile cleaners had the lowest monthly wage, pocketing an average of €997.3 total per month while hospitality workers bagged an average of €1,119.5  and agriculture employees earned €1,373.6 each month on average. 

The average gross salary of full-time workers reached €2,258.3 per month last year, the highest jump in monthly salary since 2006, despite the effects of the pandemic. 

Salaries rose by 2.8% in 2020 compared to 2019’s average of €2,038.6. 

Last year full-time workers earned almost three times more than part-time employees, who took home just €800 a month. 

According to the National Institute of Statistics 30% of Spain’s salaried employees, some 4.88 million people,  earned less than €1,350  per month. 

Some 40% of employees (6.44 million) earned between €1,336.6 and €2,295.2 gross per month in 2020, while another 30% (4.8 million people) earned salaries of at least €2,295.2 monthly.

The pay gap is still having a devastating effect on women in Spain, with four in ten female workers making less than €1,336.6 per month, compared to just one in five men. 

According to INE data, women, young people, junior workers and temporary workers have the lowest wages in Spain. 

The average female salary stood at €1,852 per month in 2020, an increase from the €1,773.3 average in 2019. 

Meanwhile, the average salary for men increased in 2020 to €2,210.3s per month and the wage gap has reduced from 22.5% to 19.3%. 

READ MORE:

Continue Reading

Trending

Copyright © 2017 Spanish Property & News