Hudson on Thursday announced that they have increased their sales assistants’ wages by 11.5 per cent in an attempt to counter the cost of living and, in doing so, retain the best retail talent.
Hudson Group HR Director Kalani Weerasinghe describes this decision as “an important move” especially considering “the everyday rising living costs.” Ms Weerasinghe explains that it’s great that Hudson can do something like this for its people “and support their well-being, considering the vital role they play in the company.”
This move also comes at the right time as companies across the board are facing recruitment challenges like never before.
This has not been easy for the company especially due to the COVID-19 pandemic, rising costs of raw materials, supply chain disruption and the ongoing situation in Ukraine, having caused a great increase in inflation. Hudson employs a total of around 800 people across the group, and even as stores around the world were closing because of the global pandemic, the company managed to keep everyone on board.
Hudson’s head office is situated in Malta, with supporting offices in Italy, Cyprus, Algeria, Morocco and Nigeria. The company currently manages over 60 stores across Africa and Southern Europe apart from their growing online business.
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He remarks that people tend to mistakenly view failure as a ‘setback’ or ‘disappointment’.