A MAJOR supermarket is giving thousands of its workers a pay rise.

Asda is increasing pay for retail staff by a total of 10% this year.

Asda is increasing pay for its staff from April

1

Asda is increasing pay for its staff from AprilCredit: PA

The supermarket giant will increase pay for 115,000 of its staff from April 2 before increasing it again on July 2.

Its current hourly rate is £10.10, which will increase to £11 in April and £11.11 in July.

Rates for stores inside the M25 will increase from £11.27 currently to £12.28 in July.

The new hourly rates are above the government’s national living wage, which is set to rise for £10.42 in April.

Mohsin Issa, Asda’s co-owner, said: “We know that rising living costs are affecting customers and colleagues alike and recognise we have a responsibility to support them during these challenging times.

“This is why we have made a record investment of £141m to increase pay for retail colleagues by 10% this year.”

It comes just weeks after Aldi said it would give 7,000 of its warehouse staff a 20% pay increase compared to January last year.

Lidl boosted wages for 23,500 workers from October 1.

Most read in Money

Entry-level hourly rates increased from £10.10 to £10.90 outside of London.

Hourly rates in London rose from £11.30 to £11.95 within the M25.

This post first appeared on thesun.co.uk

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

MARKET REPORT: Lloyds dips after it takes £662m hit from bad loans

Shares in Lloyds fell after it revealed a fresh £662million charge for…

Smart meter warning for energy customers who could end up paying more

THOUSANDS of households on smart meters could end up paying more for…

Money blogger explains how to get £1,274 to start your own business if you’re on Universal Credit or benefits

A MONEY blogger has revealed how you could get a £1,274 grant…

Welfare cuts could leave families £500 worse off

Plans: Jeremy Hunt will announce some rise in benefits as part of…