2 minute read
Musgrave accelerate efforts to increase senior female representation
MUSGRAVE have become the first Irish business to partner with the LEAD Network (Leading Executives Advancing Diversity), which aims to attract, retain and advance women in the retail and consumer goods industry in Europe through education, leadership and business development.
Musgrave CEO, Noel Keeley, signed the LEAD Network CEO Pledge at the annual Musgrave management conference. The Pledge lays out specific actions for Musgrave to drive greater advancement of women across the business, including coaching and mentoring, ensuring there are intentional strategies to drive inclusive recruitment, leveraging employee resource groups and educating colleagues on the impact of bias.
Separately, Musgrave have set a target to increase female representation in leadership and senior management roles to over 40% by 2025, from 32% currently. In addition, Musgrave have committed to achieving over 30% female participation in their executive team by 2025 from 25% presently.
“The LEAD Network CEO Pledge further strengthens our commitment to creating a more inclusive Musgrave, which will play a vital role in helping us to develop a world-class food and beverage business,” revealed Noel Keeley, CEO, Musgrave. “We have made progress in advancing female participation at senior levels, but our work is not done yet. We continue to review and renew our policies on an ongoing basis to ensure we are doing everything possible to encourage women to consider, commit to, and thrive in a career in our industry. This will be a constant process to ensure that the business we pass on to the next generation is more equitable, more diverse, and more inclusive.”
The company recently introduced a variety of policies and fundamental changes to business operations aimed at encouraging more women to join the business, and to encourage women in the business to keep advancing their career. A core aspect of Musgrave’s overall People Strategy is a comprehensive inclusion and diversity plan, which is made up of three pillars: ‘Engaging & Educating’, ‘Attracting Diverse Talent’ and ‘Modernising the Way We Work’. A recent employee engagement survey found that 86% believe Musgrave is an inclusive organisation.
Tesco launch enhanced pay and benefits for employees
FROM March 1, Tesco are introducing an enhancement of their Colleague Clubcard, providing a monthly 15% discount event on top of the existing 10% discount available on purchases and a twice-yearly 20% discount on seasonal events - after three months of service, Tesco staff receive a discount card for themselves and a second card for a family member. To further support households and families, Tesco are increasing the annual discount allowance by €200, bringing the annual total allowance to €1,500.
To support colleague benefits, Tesco are providing free hot breakfast and lunch options and complimentary period care products for colleagues.
From April 1, staff will receive a 4% increase in their hourly pay, bringing the total pay increases awarded in past 12 months to 10%.
“Our colleagues have told us how much the colleague discount we provide helps them and their families,” revealed Maurice Kelly, People Director, Tesco Ireland. “As part of our financial wellbeing programme, we’re pleased to be making this permanent investment in our total reward and benefits to further help colleagues and their families.”
Tesco are one of the largest private sector employers in
Ireland, offering staff highly competitive reward and benefits. In the last 12 months alone, Tesco have invested significantly in benefits, including paid maternity, paternity, and adoptive leave, along with the introduction of a more accessible industry leading retirement savings plan last year. Tesco also provide save as you earn share purchase schemes, facilitate the Government tax-incentive train tickets and Bike to Work schemes for colleagues, as well as other financial wellbeing tools.