Lidl rewards staff with £37 million investment in pay
Lidl is investing £37 million in pay for salaried staff across its business.
This will result in 26,000 hourly-paid colleagues at the supermarket receiving the “highest rates of pay” in the sector.
From 1 March, the discounter’s entry level rates will increase from £11.40 to £12 outside of the M25, rising to £13 with length of service. In addition, staff working within the M25 will see pay rates rise from £12.85 to £13.55, increasing to £13.85 over time.
The new entry level rates will be up to 17% higher than the National Minimum Wage being introduced in April.
Stephanie Rogers, chief human resources officer at Lidl GB, said: “Offering competitive pay and being a great place to work for our colleagues is crucial to our success. I’m pleased that we are continuing to hold ourselves to our high standards and to reward colleagues with the highest rates of pay in the sector.”
Lidl is also introducing a bank holiday premium of £2 per hour and is improving its nightshift premium to £3.50 per hour, whilst also extending the timeframe in which it is payable by one hour.
The moves mean that Lidl has invested almost £60 million in pay in the last 12 months. The investment follows record Christmas trading for Lidl when sales rose by 12% year-on-year in the four weeks to 24 December.
Ryan McDonnell, chief executive at Lidl GB, said: “Investing in our people is vital as we set our sights further on increasing our market share and bringing our high quality, great value products to even more households.”