Business · Companies · 11 hrs ago
Denner skips 2027 pay rises but doubles staff discount
Swiss discount retailer Denner will not give general pay rises in 2027.
The company says it is responding to a challenging market environment.
Instead, Denner will double its staff discount from 10% to 20% next year.
It will also increase its employer pension contributions by 1.2 percentage points, while employees’ contributions stay the same.
Denner’s minimum wages, which were raised at the start of this year, will remain unchanged.
The changes affect staff pay and benefits, but Denner has not announced any further wage increases for 2027.
Denner will not give employees general wage increases in 2027.
The Swiss discount retailer will double its staff discount from 10% to 20%.
It will also increase employer contributions to employees’ pension funds by 1.2 percentage points.
Denner cited a challenging market environment for its decision to forgo a wage round.
- Who
- Denner, a Migros subsidiary, and its employees.
- What
- Denner will skip general wage increases in 2027, double the staff discount to 20% and raise employer pension contributions.
- When
- The changes are for 2027; Denner announced them on Friday, October 16, 2026.
- Where
- Switzerland.
- Why
- Denner cited a challenging market environment.
This story does not have two clearly opposing sides.
Migros announced that employees would receive ten times the Cumulus points on their Migros purchases from the following year.
Denner announced its 2027 employee benefits, including a doubled staff discount and increased employer pension contributions.
- Staff discount
- Rises from 10% to 20% in 2027
- General wage increases
- None planned for 2027
- Employer pension contributions
- Increase by 1.2 percentage points
- Untrained employees’ minimum wage
- 4,500 francs, paid 13 times a year