London Living Wage rises to £10.20 an hour

Share

The discount supermarket said that it will be increasing the wages of its entry-level staff to £8.75 per hour outside of London and to £10.20 within London.

They are different to the government's compulsory National Living Wage, which is now set at £7.05 for under 25s and £7.50 an hour for over 25s.

However, Lidl has not formally accredited with the Living Wage Foundation, which would commit the firm to pay rises every year.

The budget supermarket's rate now matches the new Living Wage Foundation's voluntary rate, which was announced today.

The voluntary UK Living Wage has increased by 30p from £8.45 to £8.75 an hour while the London Living Wage has risen by 45p from £9.75 to £10.20 an hour.

Last year, the bargain supermarket also added 2,500 employees to its workforce.

"Many of the accredited employers I speak to tell me of the increased productivity and reduced staff turnover that they've experienced since signing up".

Data from Kantar Worldpanel found Lidl increased its market share to a new record high of 5.2 per cent with sales rising 19.9 per cent in the 12 weeks to August 13. It is thanks to the leadership of over 3,600 employers across the United Kingdom who are committed to paying all their staff, including cleaners and security staff, a real Living Wage. More than 16,000 employees will benefit from the change.

Additionally, 27% of people earning less than the living wage said their household costs had worsened compared to those experiencing an improvement in October 2017 (7%).

"With our accreditation, we are helping to set an example to other businesses across Hackney to make pay equal and sign-up to become London Living Wage accredited".

Two cleaners at a Ferrari showroom were sacked last week after walking out on strike in protest at not being paid the living wage. It stands at £7.50 an hour. "London is one of the most dynamic and prosperous economies in the world, but unfortunately this prosperity isn't shared by all Londoners". They struggle to pay the rent. "Numerous accredited employers I speak to tell me of the increased productivity and reduced staff turnover that they've experienced since signing up".

Share