Although there are a large number of department stores in Mexico, he iron palace It is one of the best known and longest-livedsince it was inaugurated in 1891. Considered a store with high quality products, it has gained recognition and consumer acceptance.
Just read or listen to the slogan “I am totally palace” to understand the reference to the mythical company that within its catalog offers products of up to 2,000 brands, But do you know what is the average salary offered to its employees?
What is the salary of a Palacio de Hierro employee?
According to the employment platform Indeed, the salaries of the workers are diversified according to the area in which they work. Among these are:
- Sales advisor: 5,330 pesos per month
- Sales executive: 7,115 pesos per month
- Sales: From 6,207 to 7,726 pesos per month
- Sales executive: 5,968 pesos per month
- Sales promoter: From 4,664 to 6,425 pesos per month
- Insurance commercial advisor: From 6,300 to 7,600 pesos per month
- Telemarketing: 5,821 pesos per month
It might interest you: Who is behind Liverpool’s success? This is the story of the famous department store
In addition to the salary, the Palacio de Hierro offers law and higher benefits, the option of a plant contract, grocery vouchers, a savings account, support for funeral expenses, transportation service, life insurance, and employee discounts.
How was Palacio de Hierro born?
It all starts with two characters: Joseph Tron and Joseph Léutard. Both Frenchmen dreamed of establishing a department store and in 1888 they were able to materialize their idea: They acquired land in the Historic Center of CDMX, at the crossroads of the current streets of Venustiano Carranza and 20 de Noviembre.
With an iron and steel structure inside, a beautiful design inspired by the most beautiful and important stores in Paris, New York, London and Chicago, the first building of El Palacio de Hierro is installed,” says the company’s official website. .
In this sense, the name of the store is inspired by the structure of the first physical establishment: An iron building in the capital of the country, according to the prestige that the ‘namesakes’ hoped to represent. His first motto was “loyalty, honesty and efficiency”.
The building’s facilities were expanded twice due to the acceptance and assistance of the clientele. However, in 1921, a strong fire affected the property, so it had to be rebuilt, this time with details art deco and Art nouveau.
In that same year, the store began its expansion and until 2022, between stores and boutiques, the Palacio de Hierro had more than 15 branches distributed throughout the Mexican Republic.
The last:
High level Team of young journalists whose objective is to explain the most relevant business, economic and financial news. We are passionate about telling stories and believe in citizen and service journalism.