The Swedish furniture retailing major, IKEA, has decided to pay Indian co-workers €108 million this year into their pension fundings, for their loyalty and contribution.

A way for the IKEA Group to say thank you to its co-workers is through Tack! – the IKEA Group loyalty programme.

“We would like to show our co-workers appreciation and gratitude for their loyalty and this year’s payout will give our co-workers at IKEA Group in India a Rs 1,40,219 each in their pension fund for this year. In India today we have around 300 coworkers, which will grow to 1500 plus co- workers in a year. Happy coworkers can lead to bigger successes especially in India where there is so much talent” Anna-Carin Mansson, Country HR Manager, IKEA India, said.

“Tack is the Swedish way to say thank you and every co-worker is important for our success and continued growth,” Anna-Carin Mansson said.

Since financial year 2014, €413 million has been allocated to the TACK! programme.

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