IKEA Denmark’s employees’ Xmas gift is a month’s salary plus 30 percent

New IKEA store near Fisketorvet to be global prototype

Last year, Lego delighted its employees by giving them a month’s salary as their Christmas gift.

And now IKEA has gone one better – precisely 30 percent better – by agreeing to pay its workers a Xmas bonus worth up to 130 percent of their monthly salary.

READ MORE: Lego employees’ Xmas gift is a month’s salary

IKEA Denmark confirmed the Xmas gift as it reported historically-high profits thanks to net sales of 3.95 billion kroner in the fiscal year of  2015/16 – a 6.4 percent increase as expenses came in lower than expected.

Global prototype
Meanwhile, IKEA’s new 74,000 sqm warehouse store in central Copenhagen near Fisketorvet and the district of Vesterbro, which was announced in April 2015, will be a global prototype for a new kind of location aimed at customers without cars.

Customers will be able to borrow cargo bikes or bike trailers to transport goods home from what will be the second largest IKEA store in Denmark.

READ MORE: IKEA to open huge store in central Copenhagen

Large urban project
Designed by Dorte Mandrup Arkitekter, the store will be part of a larger urban project with roof gardens, hotels and high-rise student housing connected by bike and walking paths.

There will be checkouts and exits on two floors, so customers will not have to walk through the whole building to do their shopping.

It will be in close proximity to the S-train and the Tivoli Congress Center.

READ MORE: Development plans for Copenhagen nature area revealed

 




  • Danish Intelligence Service: Threat from Russia has intensified

    Danish Intelligence Service: Threat from Russia has intensified

    In the internal Danish waters, Russia will be able to attack underwater infrastructure from all types of vessels. The target could be cables with data, electricity and gas, assesses the Danish Defense Intelligence Service

  • Denmark to explore screening citizenship applicants for anti-democratic sentiments

    Denmark to explore screening citizenship applicants for anti-democratic sentiments

    A few weeks after Alex Vanopslagh’s comments about “right values,” the government announced that an expert committee would be established to examine the feasibility of screening citizenship applicants for anti-democratic attitudes.

  • The Future Copenhagen

    The Future Copenhagen

    The municipality plan encompasses building 40,000 houses by 2036 in order to help drive real estate prices down. But this is not the only huge project that will change the shape of the city: Lynetteholmen, M5 metro line, the Eastern Ring Road, and Jernbanebyen will transform Copenhagen into something different from what we know today

  • It’s not you: winter depression is affecting many people

    It’s not you: winter depression is affecting many people

    Many people in Denmark are facing hard times marked by sadness, anxiety, and apathy. It’s called winter depression, and it’s a widespread phenomenon during the cold months in Nordic countries.

  • Crime rates are rising, but people are safer

    Crime rates are rising, but people are safer

    Crime in Denmark is increasing for the second consecutive year, but it is more focused on property, while people appear to be safer than before. Over the past year, there were fewer incidents of violence

  • Novo Nordisk invests 8.5 billion DKK in new Odense facility

    Novo Nordisk invests 8.5 billion DKK in new Odense facility

    Despite Novo’s announcement that its growth abroad will be larger than in Denmark, the company announced this morning an 8.5 billion DKK investment for a new facility in Odense. This is the first time the company has established a new production site in Denmark this century.