Lidl Announces Pay Increase 'On Way' For 800 Employees
Published on Nov 19 2019 8:50 AM
Lidl has announced that 800 of it's 4,300 employees across Ireland are set to get a pay increase.
The change that will be implemented on the beginning of the company’s new financial year in March 2020, will benefit 15% of its employees across Ireland, while all other staff currently earn in excess of the new Living Wage, the group said.
The discount retailer said that it will match the latest Living Wage of €12.30 per hour for its staff, which is a 40 cent increase from the current €11.90.
"This would bring them to a level that is more reflective of enjoying a better standard of living," said Maeve McCleane, HR Director, Lidl Ireland.
Strength to Strength
"At Lidl we are in a fortunate position that the last few years have seen our business go from strength to strength - our people are undoubtably central to this success," McCleane added.
"By continually investing in our team, we continue to retain and attract the best employees," she said.
Lidl Ireland, the first major nationwide retailer to commit to paying the Living Wage in 2015, matched the latest rate as recommended by the Living Wage Technical Group.
The Living Wage is an independently assessed and recommended rate of income considered necessary to have a socially acceptable standard of living.
According to figures released by Kantar Worldpanel today, for the 12 weeks to 3 November 2019 showed that Lidl currently holds 12% of the Irish grocery market.
The latest figures indicated that Lidl saw a 4.9% sales increase during the period.
Lidl Ireland currently operates 162 stores nationwide.
© 2019 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click sign-up to subscribe to Checkout.