Econostrum | Economic News in the Mediterranean

The centres E.Leclerc will pay 25% of pre-tax profits to their employees

Written by Frédéric Dubessy on Friday, September 18th 2020 à 15:06 | Read 423 times

Drive Leclerc saw a 50% increase in turnover (photo: Centres Leclerc)
Drive Leclerc saw a 50% increase in turnover (photo: Centres Leclerc)
FRANCE. "All centres E.Leclerc that generate profits will pay 25% of pre-tax profits in the form of bonuses, gratuities, profit-sharing", reveals Michel-Edouard Leclerc.

Speaking on the radio France Info on Friday 18 September 2020, the CEO of the French retailer specifies that he "prefers, even if it is fiscally more costly for the company, to involve all the staff.

The centres E.Leclerc had already paid the tax-free bonus, known as Macron, to its employees for those who remained mobilised during the confinement decreed because of the coronavirus. But, Michel-Edouard Leclerc estimates that "the 1,000 € is ephemeral. In the beginning, there were a lot of absentees in Alsace, where there was a very strong cluster, but all the same, all our staff were loyal".

The company's supermarkets would have gained some 350,000 customers since leaving the confinement. That's as many as over the whole year 2019 compared to 2018, if we base ourselves on a declaration of February 2020 from their boss, published in the Journal du Dimanche at the time.
He explains this new increase first of all by the price differences, but also by the rise in the use of the drive. "For reasons of health and practicality, it has been very successful. Ours are +50%. 17% of the 1.1 million additional consumers returned to their traditional shops, while the others were divided between our hypermarkets, our drives and our home sales formulas", says Michel-Edouard Leclerc.

"For the past ten years, we have been recruiting 3,000 people a year. This year, we're going to go more slowly, because there's a Covid effect. Out of 1,200 points of sale, about ten centres are rowing a bit," he reveals, assuring that there will be "no social plans.

The centres E.Leclerc recorded a turnover of €48.2 billion in 2019, an increase of nearly 3% compared to the previous financial year.


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