Ikea has announced plans for a pay rise for employees in Ireland, with the hourly rate now rising to €13.85.
The wage increase follows the recommendations of the Living Wage Technical Group (LWTG) and will take effect from January.
Founded in 2014, the LWTG follows the development of the cost of living in order to calculate an hourly rate that offers a “socially acceptable standard of living”.
The group is supported by a range of charities, unions and educational institutions.
This increase in the living wage will result in Ikea workers receiving an average wage increase of 6 percent.
The Swedish retailer also said eligible members of its Irish team will receive a bonus ahead of Christmas.
Ikea has also doubled the employee discount to 30 pieces. This discount can be used for the company’s home textile range as well as for the in-store food market.
“With the increasing challenges posed by the rising cost of living, we are pleased to share some of the additional measures we are taking to ensure needs are met. and hope it will alleviate some of the pressures of the current climate,” said UK & Ireland Deputy Country Manager Marsha Smith.
In October, the discounter Lidl also presented plans to pay the living wage of 13.85 euros per hour from January.
Last week, Ingka Group, owner of Ikea stores, reported a 9 percent increase in its annual operating profit after a series of price hikes were introduced to offset increases in raw materials, energy, transport and logistics.
https://www.independent.ie/business/irish/ikea-to-increase-pay-for-irish-workers-42178771.html Ikea wants to increase wages for Irish workers