Retail giant Currys is giving another pay rise to its staff under moves to help them cope with the cost-of-living crisis. Hourly rates will increase by a further 3.5% to £10.35 across the UK and to £11.43 in London – the third rise in the last 13 months and just one month after the latest increase came into effect.
The company, which has more than 300 stores, has now increased hourly pay by 15.6% in just over a year. The announcement follows an extensive review by Currys’ cost-of-living group, which was set up earlier this year and is made up of senior leaders from across the business to develop a response to support employees.
The latest announcement will benefit around 10,000 hourly paid employees. Alex Baldock, group chief executive at Currys, said: “Every day I hear from colleagues who are feeling the impact of the rising cost of living and we’re determined to do what we can to help. That’s why I’m proud to announce that we’re again increasing our minimum pay rates.
