Asda is giving 115,000 workers a 10% pay rise thanks to a massive investment in wages in the company. The increase means the hourly rate at the supermarket will increase from £10.10 an hour to £11 in April, then to £11.11 an hour in July.
Workers inside the M25 will see their wages go up from £11.27 an hour to £12.17 in April, then to £12.28 an hour in July. Both sets of pay are above the National Living Wage, which is set at £9.50 but will rise to £10.42 in April, reports MirrorOnline.
The pay rises will cost the business £141 million this year, according to the retailer. They will affect staff who work across all its 633 stores.
All eligible workers who have been with Asda for more than three months will also receive a bonus payment for 2022. This amount will be confirmed at the end of February and paid to employees the following month. Asda has also announced it will price-lock 600 popular brands and own-label products from February 21 to May 31.
Mohsin Issa, Asda’s Co-owner, said: "We appreciate the great job that our store colleagues do representing Asda while serving customers day in and day out. We know that rising living costs are affecting customers and colleagues alike and recognise we have a responsibility to support them during these challenging times.
"This is why we have made a record investment of £141 million to increase pay for retail colleagues by 10% this year."
It comes after Aldi announced a pay rise in January, with workers receiving a starting salary of £11 an hour, rising to £11.90. Sainsbury's pays workers £10.25 an hour, or £11.30 an hour in London, while Tesco staff get an hourly rate of £10.30, or £10.98 inside the M25.
Morrisons workers are paid a minimum of £10.20 an hour or £11.05 inside London. M&S pays its staff £10.20 an hour. It comes as Which? revealed the best and worst supermarkets for in-store and online experience.
M&S took the top spot in the annual survey for in-store shoppers, followed by Aldi and Waitrose in joint second position. Ocado, Iceland and Waitrose came first for the online experience.