THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
CX
Department Stores
Desert Island Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
TRB conference review
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Uncategorized
Retail Events
People in Retail Awards 2024
Retail Ecom North
Retail HR North 2025
Retail Omnichannel Futures 2025
Retail HR Central 2025
The Future of The High Street 2025
Retail Ecom Central
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Sainsbury’s injects £25m into supporting staff with cost-of-living package

Sainsbury’s is investing £20m into pay increases for staff to “support them with rising household costs”. A further £5m will be used to give staff “access… View Article

FOOD AND DRINK NEWS UK

Sainsbury’s injects £25m into supporting staff with cost-of-living package

Sainsbury’s is investing £20m into pay increases for staff to “support them with rising household costs”.

A further £5m will be used to give staff “access to basic food items during shifts” through the start of the winter, the supermarket said.

For the first time, colleagues will receive an Autumn pay increase outside of the annual pay review, in an unprecedented step to support colleagues when they need it most.

Sainsbury’s and Argos hourly retail colleague pay will go from £10.00 to £10.25 and from £11.05 to £11.30 per hour in London, which means all these colleagues will have had at least two pay rises this year to reflect the current challenges households are facing.

It will bring investment into colleague pay this year to £150 million and demonstrates Sainsbury’s commitment to being a leading employer. It takes the pay increase for frontline, hourly paid colleagues to 7.9% this year and 28% over five years.*

The new support package will also give colleagues access to basic food items during shifts from the first week in October until the end of December and increased discounts at Sainsbury’s and Argos.

The free food will ensure that colleagues can have something to eat while they are at work and the longer and deeper discounts will help colleagues plan and manage their budgets through the Autumn and in the run up to Christmas.

The new pay rates will be effective from 16th October and it is expected that 127,000 hourly paid colleagues across retail, local fulfilment centres and customer service contact centres will benefit.

Simon Roberts, Chief Executive of Sainsbury’s said: “Every day, I am hearing from colleagues who are really feeling the pressures of the rising cost of living..

“Our top priority is to support our customers and colleagues. We are proud of our track record on colleague pay and, with this latest package of an additional pay rise, free food at work and bigger colleague discounts, we are very focused on doing as much as we can to help our colleagues and their families through this autumn and winter.”

 

*A 28% increase in pay over the last five years represents the increase from £8.00 in September 2017 to £10.25 in October 2022.

Subscribe For Retail News