Coop is today one of Sweden’s largest food chains with about 800 stores around the country. These stores are owned by about four million customers, which means that the chain is a cooperative.
According to Coop The stores are operated by 26 different consumer associations.
“The purpose of the consumer cooperation is to create economic benefits and at the same time enable members to contribute in their consumption to sustainable development for people and the environment,” they write on their own website.
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Photo: Jessica Gow/TT
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The bonus systems at Coop differ
In a new survey, carried out by Grocery, Have you taken a closer look at how employees and management within the 26 consumer associations in the Coop cooperative are rewarded.
According to the newspaper, the bonus systems differ between the different associations. The country’s third largest association, Coop Syd, does not pay any premiums at all. This while Coop Nord, which is one of the country’s most profitable associations, has a premiere program that all employees can take part in. What the premium looks like is affected by several factors, including sales and personnel costs.
– It gives all employees a sense of participation. That if you do a good job and contribute to a good result, you get part of the cake, says Henrik SkyttbergCEO of Coop Nord, to Gynligvarunytt.
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This is what the bonus systems look like at some of the largest associations. Source: Grocery
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“A way to create incentives”
Like Coop Nord, Coop Norbotten is a profitable association. With them, store managers and a few more managers can get a bonus.
– We have made the assessment that it is in the interests of our members because it is directly linked to the individual performance. It is a way to create incentives for our responsible managers to do that little extra, says the CEO Tomas Hansson to the grocery.
Photo: Tomas Oneborg/SvD/TT
When asked why you do not reward all employees, he says:
– It is not excluded in the long run, but right now this model is the best for us.
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