Tesco announces another pay rise for staff - days after Asda announced wage increase

manchestereveningnews.co.uk:

Tesco has become the second supermarket chain in as many weeks to announce another pay rise for its staff. It will increase pay for store workers by 7% to a minimum of £11.02 per hour in its third increase over the past 10 months.

It comes as Asda announced its hourly-paid store workers would receive a 10% pay increase last week, with rates rising from £11 an hour in April and £11.11 from July. READ MORE: Why is there a tomato shortage as supermarket shelves in Aldi and Morrisons left bare Tesco, which employs about 340,000 staff, said its increase in hourly pay from £10.30 an hour will represent an investment of more than £230 million.

It will bring pay investment to a record £450 million over the past year after previous increases. The retailer said the new minimum pay rate for store workers will take place from April 2 to “reflect the increasing costs our colleagues are currently facing”.

Tesco said its latest pay increase, which followed discussions with the Usdaw union, is also on top of investment into free food for staff in store canteens, a salary advance scheme and a discount of up to £1,500 a year off shopping.