Lidl to invest over £10 million in hourly wage increase
Lidl is to invest over £10 million in increasing its UK employees’ hourly wages.
The supermarket, which celebrates its 25th anniversary this month, will be raising entry-level pay from £9.00 to £9.30 per hour outside of London and from £10.55 to £10.75 within the M25. This will go up to a maximum £11.70, depending on the employee’s location and length of service.
Lidl said the move will directly benefit over 19,000 Lidl staff and means they will benefit from pay that is between 13% to 30% higher than the Government’s current National Living Wage.
Christian Härtnagel, chief executive at Lidl GB, said: “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. This move is, therefore, testament to the unwavering commitment that each and every one of them puts into their work on a daily basis.”
The new pay rates will come into effect in the supermarket’s new financial year from March 2020.
Lidl currently has 770 stores across the UK and is aiming have a total of 1,000 shops by the end of 2023.