Sainsbury’s has said it will increase pay for its 127,000 hourly workers in the third hike over the past year. The retail giant, which runs almost 600 supermarkets and more than 800 convenience stores, said it will raise these workers’ pay to at least £11 an hour from February.
The move, which represents a 10% increase year-on-year, comes as UK retailers seek to attract talent amid a tight labour market and pressure on household finances. It revealed that the pay increase will cost the firm around £185 million in investment.
It comes on top of a £20 million investment in October, in its previous pay increase for workers. Sainsbury’s had already increased basic hourly pay for workers from £9.50 to £10 earlier in 2021.
