<div class="fb-like" data-href="https://facebook.com/newsnercom" data-width="320" data-layout="standard" data-action="like" data-size="large" data-show-faces="true" data-share="false"></div>
IKEA Gives US$100 Million In Retirement Cash To Its Employees.

IKEA Gives US$100 Million In Retirement Cash To Its Employees.

<script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script> <!-- EN_Underheadline_Mobile_2017 --> <ins class="adsbygoogle" style="display:inline-block;width:336px;height:280px" data-ad-client="ca-pub-5840994067977481" data-ad-slot="2603542459"></ins> <script> (adsbygoogle = window.adsbygoogle || []).push({}); </script>
<script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script> <!-- EN_Underheadline_Desktop_2017 --> <ins class="adsbygoogle" style="display:inline-block;width:580px;height:400px" data-ad-client="ca-pub-5840994067977481" data-ad-slot="3940674859"></ins> <script> (adsbygoogle = window.adsbygoogle || []).push({}); </script>

Ikea has decided to set aside over US $100million to its employees, according to Business Week. All employees will receive US$1,600, regardless of their position within the home retail giant.

<script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script> <!-- EN_Between_300x600 --> <ins class="adsbygoogle" style="display:inline-block;width:300px;height:600px" data-ad-client="ca-pub-5840994067977481" data-ad-slot="7212671650"></ins> <script> (adsbygoogle = window.adsbygoogle || []).push({}); </script>
<script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script> <!-- En_Between_580x400 --> <ins class="adsbygoogle" style="display:inline-block;width:580px;height:400px" data-ad-client="ca-pub-5840994067977481" data-ad-slot="8594796851"></ins> <script> (adsbygoogle = window.adsbygoogle || []).push({}); </script>

Time and time again, we hear stories about Sweden-based furniture giant IKEA taking great care of its employees. Well, it’s proven once again that that just may be what the company does best.

The international home retail chain has announced that it has set aside over USD $100million towards its employees’ retirement.

“Every employee is important to our success and continued growth. Everyone working full-time at one of Sweden’s IKEA’s will receive the same amount regardless of their position and salary level. Part-time employees will receive an amount proportional to the number of hours worked. All employees who have worked five fiscal years or more are qualified,” Sweden director of human resources Karin Bergman told Business Week.

Money placed into a loyalty program called “Thanks!” which was launched two years ago. So far, US$32million has been set aside in the loyalty program.

IKEA currently has 128,000 employees across 43 countries.

Personally, I think what IKEA did is phenomenal and deserves great praise. More companies can learn from this great treatment of its employees.

Please like if you agree!

<div id="taboola-below-article-thumbnails"></div> <script type="text/javascript"> window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-a', container: 'taboola-below-article-thumbnails', placement: 'Below Article Thumbnails', target_type: 'mix' }); </script>
<div id="taboola-below-article-thumbnails"></div> <script type="text/javascript"> window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-a', container: 'taboola-below-article-thumbnails', placement: 'Below Article Thumbnails', target_type: 'mix' }); </script>
<script language="JavaScript" type="text/javascript"> rp_account = '14204'; rp_site = '75594'; rp_zonesize = '658032-10'; rp_adtype = 'js'; rp_smartfile = '[SMART FILE URL]'; </script> <script type="text/javascript" src="http://ads.rubiconproject.com/ad/14204.js"></script>
<!-- Begin MailChimp Signup Form --> <link href="//cdn-images.mailchimp.com/embedcode/classic-10_7.css" rel="stylesheet" type="text/css"> <style type="text/css"> #mc_embed_signup{background:#ffba00; clear:left; font:14px Georgia,Helvetica,Arial,sans-serif; width:950px;} /* Add your own MailChimp form style overrides in your site stylesheet or in this style block. We recommend moving this block and the preceding CSS link to the HEAD of your HTML file. */ </style> <div id="mc_embed_signup"> <form action="//newsner.us15.list-manage.com/subscribe/post?u=577834a7fc83592902f6250eb&amp;id=14f25e00df" method="post" id="mc-embedded-subscribe-form" name="mc-embedded-subscribe-form" class="validate" target="_blank" novalidate> <div id="mc_embed_signup_scroll"> <h1>THE DAILY EMAIL</h1> <div id="mc_embed_signup_scroll"><h3>Get the stories that matter most</h3></div> <div id="mc_embed_signup_scroll">&nbsp;</div> <div class="mc-field-group"> <input type="email" value="" name="EMAIL" class="required email" id="mce-EMAIL" placeholder="Email address"> </div> <div id="mce-responses" class="clear"> <div class="response" id="mce-error-response" style="display:none"></div> <div class="response" id="mce-success-response" style="display:none"></div> </div> <!-- real people should not fill this in and expect good things - do not remove this or risk form bot signups--> <div style="position: absolute; left: -5000px;" aria-hidden="true"><input type="text" name="b_577834a7fc83592902f6250eb_14f25e00df" tabindex="-1" value=""></div> <div class="clear"><input type="submit" value="Subscribe" name="subscribe" id="mc-embedded-subscribe" class="button"></div> </div> </form> </div> <script type='text/javascript' src='//s3.amazonaws.com/downloads.mailchimp.com/js/mc-validate.js'></script><script type='text/javascript'>(function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';}(jQuery));var $mcj = jQuery.noConflict(true);</script> <!--End mc_embed_signup-->