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Asda to increase retail pay by 10%

Employee Benefits

Supermarket chain Asda has announced that it will give its hourly-paid retail employees a 10% pay increase , with its national rate rising from £10.10 Asda’s hourly-paid retail staff received an 8% pay increase during 2022. per hour from 2 April, and £11.11 per hour from 2 July.

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Asda to raise pay for 120,000 hourly-paid store employees

Employee Benefits

Supermarket Asda has announced that its hourly-paid store employees will see an 8.4% increase in their pay effective 1 July as part of a £150 million investment. and its rate for stores inside the M25 will increase from £12.28 There will be an interim increase on 1 April to £11.44 per hour to £12.04

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John Lewis Partnership and Co-op to increase pay

Employee Benefits

John Lewis Partnership and the Co-op are to increase their minimum pay rates for 2024. The Co-op has reaffirmed its commitment to paying the real living wage as recommended by the Living Wage Foundation, increasing its minimum hourly wage from £10.90 increase from £12.10 to £12, or from £12.25 in London.

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Asda to consult on pay drop for store staff close to London

Employee Benefits

Supermarket chain Asda has launched a consultation into lowering pay by about 5% for around 7,000 employees working just outside of London. The consultation involves employees at 39 stores outside of the M25 and close to London, which have historically received a higher rate of pay because of their location. an hour from July.

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Asda introduces financial wellbeing app

Employee Benefits

Supermarket chain Asda has launched financial wellbeing support for its more than 140,000 members of staff through a partnership with financial wellbeing app Wagestream. Through the app , which was created with financial charities and impact organisations, Asda staff can switch to a flexible pay cycle, or earned wage access.

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The top 10 most-read articles between 17 – 23 February 2023

Employee Benefits

The top 10 most-read articles on www.employeebenefits.co.uk between 17 – 23 February 2023 were: Asda to increase retail pay by 10% Tesco raises hourly pay to above £11 HSBC reports 45.2% The top 10 most-read articles on www.employeebenefits.co.uk

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Hike in workers using employee benefits’ shopping discounts

Employee Benefits

March and April user data for HIVE360’s employee benefits app Engage confirms employees are using financial benefits more, with downloads of shopping discounts for retailers including Tesco, Sainsbury’s, Asda, and Morrisons up by 10 percent month-on-month.