Two major UK retailers, John Lewis and Co-op, have announced plans to increase staff pay in response to the ongoing challenges faced by workers during the pandemic. Both companies have recognized the dedication and hard work of their employees and have taken steps to ensure they are fairly compensated.
John Lewis has revealed that it will be raising its minimum hourly pay rate to £9.91, which is above the current National Living Wage of £8.91. This increase will benefit over 20,000 workers across the country and is set to take effect from April 2022. The decision to raise pay comes as part of John Lewis' commitment to supporting its staff and providing a fair wage for their efforts.
Similarly, Co-op has also announced a pay rise for its employees, with the hourly rate set to increase to £9.90. This raise will impact over 33,000 workers and will be implemented from October 2021. Co-op has emphasized the importance of recognizing the hard work of its staff, particularly during these challenging times, and believes that fair pay is essential in ensuring employee well-being and satisfaction.
These moves by John Lewis and Co-op reflect a growing trend among UK retailers to prioritize the welfare of their workers and acknowledge the vital role they play in the success of the business. By increasing staff pay, these companies are not only demonstrating their appreciation for their employees but also setting a positive example for the industry as a whole.
As the pandemic continues to impact businesses and workers alike, initiatives like these from John Lewis and Co-op serve as a reminder of the importance of supporting and valuing employees during difficult times. It is hoped that other retailers will follow suit and take similar steps to ensure that their staff are fairly compensated for their hard work and dedication.