You are here: Home - Household Bills - News -

Lidl to become the UK’s highest paying supermarket

0
Written by: Emma Lunn
17/11/2021
The budget supermarket has committed to investing £18m in wages and will become the highest paying supermarket in the UK as a result.

Entry level wages will increase from £9.50 to £10.10 an hour outside of London and £10.85 to £11.30 within the M25 from March 2022. Lidl employees will be able to earn up to £11.40 and £12.25 an hour respectively, depending on their length of service

Lidl says the move, which represents a pay rise of more than 6% for some Lidl workers, will directly benefit more than 21,000 people and more than 80% of its workforce across the UK.

The supermarket said it had long been committed to increasing wages in line with the cost of living, with a combined investment of more than £50m into hourly wages over the past five years. It said the latest rise recognises the hard work and dedication of frontline colleagues during the past 18 months of the pandemic.

As a result of the increase, Lidl employees will benefit from 60p per hour more than the National Living Wage for those aged over 23.

Christian Härtnagel, chief executive officer at Lidl GB, said: “At Lidl, our frontline colleagues are the backbone of our business. They have worked tirelessly over the past 18 months of the Covid-19 crisis and are integral to our future success.

“We have ambitious plans to grow our business across Great Britain, and to do that we need to ensure we attract and look after the best talent at every level of our business. This year we feel incredibly lucky to be in a position as a business to go even further by making this significant investment in our incredible workforce, which will make us the best paying supermarket in the UK.”

The wage increase, which will come into effect from March 2022, forms part of Lidl’s wider plans to invest £1.3bn in the UK in 2021 and 2022, alongside a 1,000 stores target by the end of 2023.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Flight cancelled or delayed? Your rights explained

With no sign of the problems in UK aviation easing over the peak summer period, many will worry whether holida...

Rail strikes: Your travel and refund rights

Thousands of railway workers will strike across three days this week, grinding much of the transport system to...

How your monthly bills could rise as the base rate reaches 1.25%

The Bank of England has raised the base rate to 1.25% as predicted – the fifth consecutive rise in just six ...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week