our benefits

Retirement, Death and Disability

We want to ensure that our associates build a good foundation towards their future financial well-being this includes saving for retirement, protecting salary income in the event of disability, and providing financial benefit to legal dependants in the event death. The company will contribute 11% of the associate’s pensionable salary and the associate will be required to contribute 7.5% which is deducted from their salary towards the mrpg retirement fund. This also includes cover for disability, funeral and death benefits.

Loyalty Bonus

Associates are eligible to receive a loyalty bonus in December each year, up to a maximum of 100% of the associate’s salary, dependant on the associate’s length of service. This is not guaranteed and will be paid at the discretion of the company, dependant on a number of factors including, but not limited to, the trading results and profitability of the company.

Incentives

Associates are eligible to receive performance incentives based on company and individual performance. Within head office, incentives are payable at the end of the financial year and within stores they are payable quarterly, subject to the achievement of set targets and conditions set by the company.

Staff Discount

We are all about delivering value. Associates are entitled to up to 20% discount on merchandise at all mrpg stores including mrp, mrpHome, mrpSport, Sheet Street, and a 33% discount at Miladys.

Share Scheme

Built on the foundation of partnership, the mrpg share scheme provides its associates with the unique opportunity to become a part-owner in the success of the company after 1 year’s permanent service. Our hope is that all associates will hold shares in the company and will use the long-term growth of those shares to build financial security.

Share Investment Scheme

We also provide our associates with the unique opportunity to invest directly in the long-term success of the company whilst growing their personal wealth. Associates are eligible to participate in this share investment scheme immediately upon joining the company. In addition to the associate’s personal monthly contribution to the scheme, associates receive a further 15% contribution from the company towards the purchase of shares.