{"id":125415,"date":"2022-02-16T12:21:10","date_gmt":"2022-02-16T12:21:10","guid":{"rendered":"https:\/\/fin2me.com\/?p=125415"},"modified":"2022-02-16T12:21:10","modified_gmt":"2022-02-16T12:21:10","slug":"ms-to-raise-minimum-pay-to-10-an-hour-and-offer-free-health-checks","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/ms-to-raise-minimum-pay-to-10-an-hour-and-offer-free-health-checks\/","title":{"rendered":"M&S to raise minimum pay to \u00a310 an hour and offer free health checks"},"content":{"rendered":"

From April, retailer\u2019s workers will be above new legal minimum wage of \u00a39.50 an hour for those 23 and over<\/p>\n

Last modified on Wed 16 Feb 2022 06.39 EST<\/p>\n

Marks & Spencer is increasing minimum pay by 5% to \u00a310 an hour in April and offering free health checks to workers as labour shortages force up wages across the retail and hospitality industries.<\/p>\n

The pay rise puts M&S workers just ahead of the new legal minimum wage of \u00a39.50 an hour for those 23 and over, which comes into force in April, and on a par with supermarkets including Sainsbury\u2019s and Morrisons.<\/p>\n<\/p>\n

The clothing, homewares and food retailer, which experienced a turnaround in fortunes at Christmas, said that from the beginning of April more than 40,000 staff in the UK would see their base rate of pay increase by 50p an hour to \u00a310, with rates in London rising to \u00a311.25 from \u00a310.75.<\/p>\n

New benefits will also include access to an online GP service, health check screening and advice on financial management.<\/p>\n

Steve Rowe, the chief executive of M&S, said: \u201cThe contribution our teams have made to support our customers and each other every day through some really challenging times has been remarkable. By once again increasing our investment into one of the best all-round reward offers for store colleagues across retail, we\u2019re making sure that every colleague, whatever they do and wherever they work, is properly rewarded and supported at M&S.\u201d<\/p>\n

M&S\u2019s pay rise is the latest in a wave of increases across retail and hospitality.<\/p>\n

In January, Sainsbury\u2019s said it would increase hourly pay by more than 5% to \u00a310 an hour for its lowest-paid shop workers. Aldi increased minimum hourly rates for shop workers to \u00a310.57 an hour from \u00a39.55 nationally this month, a near 11% rise, and \u00a311.32 in Greater London from \u00a311.07.<\/p>\n

Next has said it will have to put up the price of its clothing by as much as 6% this autumn as the fashion and homewares retailer expects average wages to rise by more than 5% this year.<\/p>\n

Hospitality businesses are also upping wages. Pret a Manger last month raised hourly pay for the second time in four months from a minimum of \u00a39.40 to \u00a39.80, with more than 6,900 of its 8,500 staff earning at least \u00a310 an hour. That came after pay was put up 5% to \u00a39.40 an hour in September.<\/p>\n

Workers at the coffee shops chain are also able to earn an additional \u00a31.25 an hour, based on a weekly mystery shopper assessment, up from \u00a31.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

From April, retailer\u2019s workers will be above new legal minimum wage of \u00a39.50 an hour for those 23 and over Last modified on Wed 16 […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"\nM&S to raise minimum pay to \u00a310 an hour and offer free health checks - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/ms-to-raise-minimum-pay-to-10-an-hour-and-offer-free-health-checks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"M&S to raise minimum pay to \u00a310 an hour and offer free health checks - Fin2me\" \/>\n<meta property=\"og:description\" content=\"From April, retailer\u2019s workers will be above new legal minimum wage of \u00a39.50 an hour for those 23 and over Last modified on Wed 16 [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/business\/ms-to-raise-minimum-pay-to-10-an-hour-and-offer-free-health-checks\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-16T12:21:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2018\/07\/ZtJtRQiQIspviGDStRJA.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"591\" \/>\n\t<meta property=\"og:image:height\" content=\"394\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/business\/ms-to-raise-minimum-pay-to-10-an-hour-and-offer-free-health-checks\/\",\"url\":\"https:\/\/fin2me.com\/business\/ms-to-raise-minimum-pay-to-10-an-hour-and-offer-free-health-checks\/\",\"name\":\"M&S to raise minimum pay to \u00a310 an hour and offer free health checks - 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