High street giant Marks and Spencer (M&S) has announced a massive investment that will see an hourly pay rise for workers. The retailer says the change will be across all stores and will affect more than 40,000 workers who will see the increase from April.
The investment amounts to almost £60 million in staff wages with customer assistants receiving an hourly pay increase to £10.90 from £10.20 from April 1. The rate will be higher than the national living wage which has been set at £10.42 an hour for those over the age of 23 from April this year.
London employees will see their hourly wages upped to £12.05 from £11.25. According to the MEN, the retailer thinks shoppers will agree its a positive step in the right direction with the £57 million investment being its biggest yet in front-line workers’ rewards.
