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Just Eat is an online food order and delivery platform. It was founded in 2001 in Kolding, Denmark, as a food delivery company, and later headquartered in London, United Kingdom, from 2006 (as Just Eat plc) [a] until it was purchased by Netherlands-based Takeaway.com in 2020 forming Just Eat Takeaway.com. [1]
Remuneration is the pay or other financial compensation provided in exchange for an employee's services performed (not to be confused with giving (away), or donating, or the act of providing to). [1] A number of complementary benefits in addition to pay are increasingly popular remuneration mechanisms.
Compensation can be fixed and/or variable, and is often both. Variable pay is based on the performance of the employee. Commissions, incentives, and bonuses are forms of variable pay. [2] Benefits can also be divided into company-paid and employee-paid. Some, such as holiday pay, vacation pay, etc., are usually paid for by the firm. Others are ...
On 19 August 2022, Just Eat Takeaway.com sold its 33% stake in iFood to Prosus (via Movile) for €1.8 billion. [42] [43] [11] In November 2024, Just Eat Takeaway announced that it was selling Grubhub to restaurant chain Wonder Group Inc for $650m. [44] Just Eat bought Grubhub in a $7.3bn deal agreed in June 2020. [45]
When Takeaway.com merged with British company Just Eat in 2020, Groen became chief executive of the merged organisation. [ 8 ] [ 9 ] Groen also owns 11.3% of the merged business; [ 10 ] he previously owned 35% of Takeaway.com. [ 11 ] In 2017, Quote magazine listed Groen as the Netherlands' richest self-made millionaire under 40. [ 12 ]
Foodora is the largest restaurant delivery service in Sweden, where one third of its employees have a collective agreement, negotiated with the Transport Workers' Union. [22] In March 2021, the company introduced the first Foodora's delivery robot into its fleet in Stockholm.
Performance-related pay may also cause a hostile work attitude, as in times of low customer volume when multiple employees may compete for the attentions of a single customer. Where a customer has been helped by more than one employee, further resentment may be caused if the commission is taken by whoever happens to make the final sale.
Lockstep compensation or seniority-based compensation is a system of remuneration in which employees' salaries are based purely on their seniority within the organization. For example, in the legal profession, where this system is most commonly found, all law school graduates hired by a law firm who graduated in the same year receive the same base pay regardless of background, experience, or ...