×

Tesco to raise store staff wages by 10.45% over two years

By
Reuters API
Published
today Jun 11, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Tesco, Britain's biggest retailer, said on Monday it will implement a 10.45% pay rise for store and distribution centre staff by October 2020, though they will lose an annual bonus.


Reuters


The group, which with a staff of 300,000 is also Britain's largest private sector employer, said hourly-paid store and Customer Fulfilment Centre (CFC) staff will see their hourly rate increase to 9.30 pounds.

Tesco said the increase will be implemented in two stages - from September. 1 this year pay will increase by 6.9% to 9.00 pounds then on Oct. 4 2020 pay will increase again by 3.3% to 9.30 pounds.

The group said it had agreed with union Usdaw that it will replace a staff bonus - the Colleague Bonus Plan - permanently with the higher hourly rate.
 

© Thomson Reuters 2019 All rights reserved.