Tesco Signs Collective Labor Agreement With Chinese Employees
March 7, 2012 |


British retail giant Tesco has signed its first collective labor contract with employees in China.
The contract reportedly covers Tesco's 30,000 employees in 109 supermarkets, 14 convenience stores, and six logistic centers in China.
According to the collective contract, Tesco will establish a collective wage consultation system. Based on the increase of China's consumer price index, the profit conditions of the company, and the wage level of the entire industry, Tesco will discuss the salary increase rate with the labor union in February every year. The retailer will also sign a wage-related special agreement to ensure that the employees can share the development benefits of the company.
In addition, the collective contract states that employees who work for the company for five years and above will sign open-ended contracts. All employees will sign labor contracts and no ancillary labor will be used. The company offers seven rewards to employees in China, including free work-time meals; annual per capita holiday gifts of CNY250; quarterly per capita team building funds of CNY80; more paid leaves; physical and exams; and additional medical insurance.
Leave A Comment:
-
Education
- GE Will Promote Wind Power Through New Chinese Education Center
- Guizhou Tourism Spot Added To World Heritage List
- American Educational Program Will Participate In Chinese Exchange
- Chinese Tech Giant Expands Educational Opportunities In America
- American Tech Company Pushes Chinese Talent Development Program
-
Energy & Cleantech
-
Environment
-
Giving
- Tencent's CEO Commits 100 Million Shares Towards Charity
- Chinese Taxi Apps Donate CNY1 Million For Nepal Earthquake Relief
- Axalta Employees Gather For Tree Planting In Northern China
- Chinese E-commerce Company Supports Poverty Alleviation Initiative
- JD.com Donates CNY10 Million Scholarship To Renmin University
-
Happenings
-
Health
- Mead Johnson Settles Chinese Corruption Case Involving Infant Health
- Beijing Government Applies IBM's Cloud Computing To Solve Smog Problem
- Harmful Substances Found On Children's Clothing Made In China
- New Product Quality Issue Arises From New Zealand Milk Exported To China
- Mead Johnson Nutrition Penalized In Chinese Antitrust Case
-
Labor
-
Law & Order
-
Viewpoints
- Companies Can Help In The March Towards Better Consumer Rights In China
- CSR Review: Companies Have More Opportunities To Develop In China
- How Far Can Chinese Companies Take Corporate Social Responsibility?
- CSR Review: Companies Focus On Sustainability In China During Downturn
- Global Financial Woes May Impact Corporate Social Responsibility In China