ICA Group: Height employer clear effect f stores Q3 – CEO
2015-08-19 09:34
(SIX) On August 1 saw the first raising of the employer contributions for young people, since Parliament decided to waive the before the reduction in employer contributions for employees under 26 years. The fee increase will have a clear effect on the ICA stores already in the third quarter, says ICA Group CEO who is clearly critical to the change. "Looking at the ICA centrally, we have some employees under 26, especially in our warehouse operations, but it has most impact is the our ICA. In principle, half of the workforce is under 26 years. So where Of course it will have a very big impact. " Exactly how this will play out, we will see, but we have a very big concern and it affects absolutely our cost position. The will over time affect the number of employees and not least young people, "says Per Strömberg, noting that the company has been clear that they are critical to making this change. "You always have to work with its cost base to be competitive. Running the store is a relatively labor-intensive operations where personnel costs are a large part of the cost picture and it goes up properly get to look at other ways to streamline business. One such way is to work with a little fewer people. " It will be reflected in earnings for the third quarter? "The impact on ICA Group is smaller, but the stores are clearly affecting more and which will ensure a clear effect already in the third quarter. " ICA Sweden had by mid-2015 8.061 employees. Anna Sundström mailto: anna.sundstrom@six-group.se www.blogg.six.seSIXNews SIX News
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