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Sainsbury's gives store workers a 4% pay rise | |
(about 4 hours later) | |
Sainsbury's has said it will increase pay for shop workers by 4 per cent, the highest increase in more than a decade. | Sainsbury's has said it will increase pay for shop workers by 4 per cent, the highest increase in more than a decade. |
The supermarket's 137,000 employees will see their pay increase from £7.08 an hour to £7.36 an hour from the end of this month. | The supermarket's 137,000 employees will see their pay increase from £7.08 an hour to £7.36 an hour from the end of this month. |
Sainsbury’s 40,000 workers under the age of 25 will also get a pay rise. | Sainsbury’s 40,000 workers under the age of 25 will also get a pay rise. |
The increase puts wages at Sainsbury’s slight ahead of the median paid to workers in the retail industry, which the British Retail Consortium puts at £7.30 an hour. | The increase puts wages at Sainsbury’s slight ahead of the median paid to workers in the retail industry, which the British Retail Consortium puts at £7.30 an hour. |
The change comes before the introduction of Chancellor George Osborne’s 'living' wage in April next year, which sees the minimum raised to £7.20 an hour, from £6.50 at present. Osborne has said he plans to raise the minimum to £9 an hour by 2020. | The change comes before the introduction of Chancellor George Osborne’s 'living' wage in April next year, which sees the minimum raised to £7.20 an hour, from £6.50 at present. Osborne has said he plans to raise the minimum to £9 an hour by 2020. |
The UK CEO of McDonald’s said yesterday that the introduction of the living wage would put pressure on UK businesses. Retailers and pub groups have also come out in opposition. | The UK CEO of McDonald’s said yesterday that the introduction of the living wage would put pressure on UK businesses. Retailers and pub groups have also come out in opposition. |
However Mike Coupe, Sainsbury’s CEO, told the BBC that the increase was affordable. | However Mike Coupe, Sainsbury’s CEO, told the BBC that the increase was affordable. |
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