British retail giant Tesco has signed its first collective labour 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 labour union in February every year.
(Source: China Sourcing News)