Supermarket chain Lidl has announced a third pay rise in the space of 12 months, a move which will see its 26,000 hourly-paid colleagues have their wages boosted.
From March 1, the discount retailer’s entry level rates will increase from £11.40 to £12.00 outside of the M25, rising to £13.00 with length of service.
Meanwhile, those working within the M25 will see pay rates rise from £12.85 to £13.55, increasing to £13.85 over time. These new entry level rates will be up to 17% higher than the National Minimum Wage being introduced in April.
The move represents an investment of over £37 million and includes increases for salaried colleagues across the business. The firm said the investment follows record trading and market share gains over the Christmas period for Lidl.
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