Lidl has announced that it will spend £10m on a pay award for its 19,000 employees.
Inflation busting pay rise for workforce
The award, which will take effect from next March, will see entry level pay increase from £9 per hour to £9.30 (3.3%) outside of London. For those within the M25 pay will rise from £10.55 to £10.75/hour and up to £11.70 for some staff, depending on location and length of service. Lidl says the increase means that hourly pay has increased by 30% over the last five years that the new pay rates will be 13-30% more than the current National Living Wage threshold.
Commenting on the pay increase Lidl UK boss Christian Härtnagel said: “During this time of such uncertainty, we feel fortunate to be able to make this investment in our colleagues and give them peace of mind with regards to their salary. Our hourly paid employees represent over 80% of our entire workforce and are the absolute backbone of our business. It is because of them that we continue to be the fastest supermarket and are able to realise our ambitious expansion plans."
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