FAMED for their bakes, sausage rolls, and sweet treats, Greggs is a staple of the British high street.
Serving millions of customers per year, the bakery chain has more than 1,700 shops and 20,000 employees contributing to its success. But what benefits and rewards do Greggs staff receive?
How much does Greggs pay their employees?
Greggs has both hourly paid positions and salaried roles available.
According to Breakroom, team member hourly rates range from £7.51 to £9.62.
A team leader can expect to be paid from £9.08 to £10, while a supervisor’s wage is set between £9.22 and £10.37.
A production operative can earn between £10 to £12.82 per hour.
Indeed calculated that the average salary for a senior retail sales assistant is £10,800 per year.
A shop manager would earn on average £29,294 per year, while a truck driver for Greggs could earn £38,184 annually.
What are the perks of working for Greggs and do employees get free food?
Greggs offers a range of benefits to staff at all levels.
The Greggs staff discount card gives employees 50% off the company’s products.
Most read in Money
Staff are entitled to 21 days holiday per year which rises to 30 after 25 years of service.
Greggs also offers a pension scheme, life assurance after one year of service and up to the age of 65, and childcare vouchers through the salary sacrifice scheme.
Other salary sacrifice schemes on offer to employees, where they donate a portion of their pay for the service, include the Government-approved Cycle To Work scheme and the Simply Health Cash Plan.
Everyone who works for Greggs can take advantage of local and national discounts on everything from gym membership to car insurance, mobile phone contracts, and restaurant offers.
There are also two share schemes in place for employees after a year of service.
The Save As You Earn (SAYE) scheme allows employees to buy shares of Greggs at a discounted rate.
The Share Incentive Plan (SIP) means staff can buy a shares plan using a one-off lump sum, rather than pay monthly through SAYE.
How do Greggs reward their employees?
In March each year, 10% of Greggs’ profits are shared between staff.
However, there are some rules around the scheme.
Workers need to have been employed by Greggs for a minimum of six months, and Greggs must make a profit in the year for staff to receive a share.
Greggs describes the scheme as a way to “share in the success of the business.”