TESCO is giving thousands of workers a pay rise this summer.
Store staff at the supermarket, which is the UK’s largest private employer, will see hourly rates rise to £10.10 from July 24.Wages will rise at Tesco and staff will get more discounts[/caption]
It’s a 5.8% rise on the £9.55 they get now, and will also apply to staff at Tesco’s fulfilment centres.
Hourly rates for home shopping delivery drivers and click and collect delivery assistants will increase to £11 from the same date.
Tesco boss Jason Tarry said the supermarket was delighted to give staff “a well-deserved pay rise” along with access to extra hours and training.
He said: “These investments in our colleagues are central to making Tesco what we truly want it to be: a great place to work for all. A place that attracts and retains the best talent in the industry.”
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The retailer also said that it will give colleagues working less than 16 hours a week access to extra hours first, rather than recruiting new staff.
And any new joiners will be based on a minimum of 16 hours a week from now on. Previously it was 7.5 hours.
Tesco staff will also get an increase to their staff discount of £500.
Workers at the supermarket get a Colleague Clubcard for themselves and a family member after their first three month, offering discounts now worth up to £1,500 a year.
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It’s the latest supermarket to boost wages amid a cost of living crisis.
Aldi gave 28,000 workers a wage increase in February this year, with store assistants getting at least £10.10, and £11.55 within the M25.
Marks and Spencer did too, increasing wages by 50p an hour to £10 per hour.
Morrisons put up pay to £10 per hour in April last year, while Sainsbury’s staff will see at least £10 per hour in their pay packet from this week,
Lidl increased pay in March from £9.50 to £10.10 an hour for entry level roles.
In London it went up from £10.85 to £11.30 and for those with longer service can be up to £12.25.
Rates for London are usually more to reflect the higher cost of living in the capital.
Millions of workers were handed a pay rise of up to £1,000 from this month after a hike to the minimum wage came in.
The National Living Wage jumped from £8.91 to £9.50 from April 1.
Millions of workers face paying higher National Insurance contributions at the same time though.
How much depends on how much you earn, as the tax is a percentage of wages and has gone up by 1.25 percentage points.
For example someone earning £10,000 a year will pay around £5 more, while someone on a £35,000 salary will pay over £300 a year more.
But from July the threshold at which you start paying the tax will increase by £3,000.
It will rise from around £9,500 to £12,500 and means many will be taken out of paying the tax altogether.
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Meanwhile Tesco said earlier this year that 1,400 shelf stacker roles were at risk after moving its overnight stock replenishment into the daytime at 85 stores.
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