Currys announces fourth pay rise in 18 months
Technology retailer Currys, has today announced an additional rise for hourly paid store colleagues in the UK.
Rates will increase rom £10.35 per hour to £10.50, the fourth rise in the last 18 months.
Currys also revealed that the average store colleague bonus is 89p per hour, with top earners making up to £3 per hour, so all store colleagues are able to earn considerably more than the hourly rate. With the average hourly bonus added on, average hourly pay will rise to £11.39 per hour.
Paula Coughlan, Chief People, Communications & Sustainability Officer at Currys plc, said: “We know that investing in our colleagues is the most important thing we can do, especially with the continued cost-of-living crisis. This latest increase means that we are one of the highest paying retailers in the UK.
“I am really proud that we can continue to show our support for our amazing capable and committed colleagues, who are our magic ingredient, and at the heart of everything we do. We know that happy colleagues make for happy customers and happy shareholders too.”
In addition to this rate increase, Currys colleagues that pass a six-month onboarding and skills development program, and are performing well will see their minimum hourly rate increase to £10.80p per hour (£11.80 in London).
Currys is committed to investing in the future skills of its store colleagues, with its ground-breaking learning program. Colleagues attend interactive training sessions and workshops to support them in every aspect of selling and serving customers.
The six-month program also allows new store colleagues to build confidence and competence through a host of skills that will not only support their time with the retailer, but are also transferable, supporting lifelong employability for the individual and playing an important role in seeding critical skills into the UK economy.
