German discount Lidl has proposed a £ 10 million wage increase for workers, in a move that will see wages jump for 19,000 employees next March.
The merchant said it would increase the entry level from £ 9.00 to £ 9.30 an hour outside London and £ 10.55 to £ 10.75 within the M25, going up to £ 11.70, depending on location and length on the service.
This means that employees will benefit from salaries that are between 13-30% higher than the government's current & # 39; National Living Lage & # 39; and in line with the Living Wage Foundation's charity ; s rates.
"During this time of uncertainty, we feel fortunate to be able to make this investment in our colleagues and give them confidence in their pay," said Lidl GB chief Christian Härtnagel.
"Our hourly employees represent over 80% of the entire workforce, and are the absolute backbone of our business. It is because of them that we continue to be the fastest supermarket and able to realize our ambitious expansion plans. [1[ads1]9659006] Wages will rise in March 2020
(Image: South Wales Echo)
"This move is a testimony to the unwavering commitment that each of them puts into worked on a daily basis. "
Ne w salary, comes into effect in March 2020, and will match the prices proposed by the Living Wage Foundation to reflect the cost of living.
Lidl currently has 770 stores throughout UK and this month confirms a target of 1,000 stores by the end of 2023.
In June, the auctioneer also announced a £ 500 million investment in London over London for the next five years as it opens new stores throughout the capital.
National Living Lage vs. Living Lage – What's the Difference?
& # 39; National Living Lage & # 39; and & # 39; Minimum Wage & # 39; are both set by the government and all employers must comply with this.
However, "Living Wage" (also known as Real Living Lage) a completely separate entity set up by the Living Wage Foundation, which is also reviewed annually.
It is not a legal requirement, but based on what campaigners believe workers should earn (revenue recognition of inflation and so on.) Many employers – such as supermarkets – have chosen it in favor of it in accordance with government guidelines and therefore pay employees more.
Currently Living Wage is at £ 9 an hour in the UK, or £ 10.55 if you live in London. Prices apply to anyone over 18 years of age. Here is a complete list of employers who pay it.