£200m boost for all Tesco shop and warehouse staff as wages jump to £10.10 per hour
Supermarket giant Tesco has announced it will hike hourly wages by 5.8 per cent from £9.55 to £10.10, as Brits face a cost of living crunch.
New hourly rates for store and warehouse staff will be effective from 24 July, the grocer revealed on Thursday afternoon.
The supermarket also confirmed workers in London would be paid £10.78 an hour, a premium of 68p.
Tesco revealed it would also be increasing the hourly rate for customer delivery drivers and click and collect delivery assistants to £11 from this summer.
After successful talks with USDAW to agree the new pay deal with increased access to extra hours, training and an extension to colleague Clubcard allowance, the supermarket dubbed this the biggest single-year investment in pay in at least a decade. The investment is worth £200m.
Due to present economic uncertainty, the supermarket said the deal would just be for one-year and pay would be reviewed again with Usdaw in 2023.
Jason Tarry, Tesco UK & ROI CEO said: “We are delighted to have reached an agreement with USDAW that recognises the vital role our colleagues play in our business now and in the future, giving them a well-deserved pay rise, more access to extra hours and setting out a long-term commitment and investment in their careers at Tesco.
“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.”
Daniel Adams, USDAW National Officer said: “At such a difficult time, USDAW is pleased to have secured a pay deal that not only delivers the highest hourly rate of pay in the sector but also delivers on the Union’s New Deal for Workers campaign – giving our members the right to request a “normal hours” contract and ensuring a minimum 16-hour contract going forward.
“The pay deal is testament to the hard work of USDAW members within Tesco throughout the last 12 months and the commitment and dedication of our Reps who were involved in negotiating the deal.”
