All M&S staff will earn at least £10 an hour after April pay rises

The supermarket will give all its staff a pay rise from April, but the current high level of inflation threatens to eat away at the well-intentioned pay rise

Wage hike takes effect from April, but inflation eats away at real benefits

Over 40,000 MRS staff are getting a pay rise in April and all workers will earn at least £10 an hour.

the supermarket chain said base pay rates for 40,000 staff would rise from £9.50 to £10 an hour.

The exception is London, where wages drop from £10.75 to £11.25 due to the higher cost of living.

The government’s National Living Wage is currently £8.91, although it will rise to £9.50 from April this year.

The actual living wage is £9.90 an hour or £11.05 in London.

Nevertheless inflation is currently 5.5% eroding the value of the salary increase.

Managing Director of M&S Steve Rowenoted “The contribution of our teams to support our customers and each other on a daily basis through really difficult times has been remarkable.

“By further increasing our investment in one of the best overall rewards offerings for store colleagues in retail, we are ensuring that every colleague, whatever they do and wherever they work, is properly rewarded. and supported at M&S.”

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The supermarket chain will pay all its staff at least £10 an hour
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M&S is also improving its benefits. This includes access to financial advice, virtual GP service and health screening.

Staff will continue to receive a 20% discount on M&S food, clothing and household items.

In January, supermarket giant Sainsbury’s unveiled a salary increase for thousands of its employees .

Sainsbury’s said all of its Sainsbury’s and Argos employees would benefit from an increase in the basic hourly wage rate from £9.50 an hour to at least £10, nationwide.

This rate will increase to £11.05 from £10.10 for workers in central London and to £10.50 from £9.75 in outer London.

Delivery drivers will get a pay rise to £11.50 an hour from March 6.

The supermarket chain gives birth to around 150,000 employees.

Last week The Mirror reported that Asda had been accused of ‘lower than industry pay’ for supermarket staff in the middle of the Cost of life crisis.

Labor group GMB says a number of staff who work for the Big Four grocer have been ‘forced to use payday lenders and food banks’ due to rising prices.

The claims come as Asda confirmed it would raise hourly rates from £9.36 per hour to £9.66 per hour from April 1, a jump of 3.25%.

In comparison, inflation rates have soared to 5.4% – their highest level in 30 years as the cost of living crisis continues to drive up prices.

Asda says its London employees will see their pay rise to £10.83.

The supermarket added that salaries for staff outside London would rise to £10.06 in April 2023, which would mark a further increase of 4.1%.

GMB says most other supermarkets are already paying their workers over £10 an hour, even outside the capital.

The union group’s “below-industry” wage increases for this year will affect 150,000 workers, but Asda says the hourly rate applies to 123,000 employees.

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