Lidl announces the second salary increase for employees this year

Discounter Lidl has revealed plans to pay a “living wage” of €13.85 an hour, following recommendations from the Living Wage Technical Group.

idl said the new tariff would benefit 4,200 of its employees at a cost of over €7.5 million. The retailer said its remaining employees are already earning more than the new living wage.

This is the second salary increase that Lidl has announced this year.

In January, the retailer announced that all of its 5,000 employees would receive a pandemic pay rise from March this year to thank them for their service. This corresponded to an investment of €10 million.

The retailer currently has over 170 stores in Ireland.

Lidl is the first supermarket in Ireland to commit to the latest living wage rate.

Founded in 2014, the Living Wage Technical Group tracks changes in the cost of living to calculate an hourly rate that provides a “socially acceptable standard of living”.

The group is supported by a range of charities, unions and educational institutions.

The updated hourly figure of €13.85 for 2023 represents a 7 percent increase from the €12.90 recommended by the group last year.

“We can see strong evidence that we remain an employer of choice for Irish workers with just over 92,000 applications in 2021, up from 76,000 before the pandemic in 2019,” said Maeve McCleane, chief people officer for Lidl Ireland and Northern Ireland.

“In the current climate, what matters most to us as an employer is that we do our part to create safe, well-paying jobs that reward employees and provide financial security in a world of increasing financial stress.”

News of Lidl’s pay rise plans comes as rival discount chain Aldi announced this week that it would increase its workforce by 10 per cent.

Aldi announced plans to fill 450 new positions across the retailer’s 153 stores in Ireland. The company currently employs 4,650 people across Ireland, with 600 new jobs created over the past year.

https://www.independent.ie/business/irish/lidl-unveils-second-pay-rise-for-staff-this-year-42082449.html Lidl announces the second salary increase for employees this year

Fry Electronics Team

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