Hourly pay: How do some of the UK’s largest retailers compare in 2023
This week, Tesco made big investments in hourly pay to help ease the burden of the cost-of-living crisis, following in Asda’s footsteps which unveiled its own increase in pay just days earlier.
Tesco has now taken their rate to over £11 an hour.
Here's how the UK’s biggest retailers pay their staff, along with their Breakroom rating:
Tesco – £11.02
Breakroom rating: 6.3
This week Tesco made its biggest-ever investment in hourly pay, taking the rate to over £11 an hour. The supermarket has significantly increased the hourly pay rate for colleagues in stores by 72p, from £10.30 to £11.02.
This represents the third pay increase for Tesco staff in the last 10 months. Tesco said this new rate will come into effect from an earlier date of April 2nd.
John Lewis / Waitrose – £10.75
Breakroom rating - John Lewis: 7.5
Breakroom rating - Waitrose: 7.2
Partners outside of London receive a minimum of £10.30 an hour, while those inside the M25 will receive at least £11.50.
Many staff outside of the capital are already paid above this – the average rate of non-management pay is around £10.75 per hour.
In addition, partners also benefit from discounts after three months (25% off John Lewis and 20% at Waitrose).
Aldi – £11
Breakroom rating: 7.1
Staff working at Aldi are set to earn a minimum of £11 an hour outside of London and £11.95 inside the M25.
Sainsburys – £11
Breakroom rating: 6.6
Last year Sainsbury’s raised wages for the second time in less than six months. The supermarket pays the “Real Living Wage” for all staff and since May 2022, pay for Sainsbury’s staff in outer London has risen from £10.50 an hour to £11.05 an hour – the Real Living Wage level for London.
Lidl – £10.90
Breakroom rating: 5.8
In October 2022, Lidl revealed that entry-level wages would rise from £10.10 to £10.90 an hour outside London, while those in the capital will get £11.95 compared to £11.30 previously.
Ikea – £10.10
Breakroom rating: 7.3
Ikea announced that staff would be paid at least £11.30 an hour in London and £10.10 in the rest of the country.
M&S – £10.20
Breakroom rating: 6.1
M&S revealed that from 1 October, over 40,000 colleagues will see their hourly pay increased to a minimum of £10.20 which follows an initial pay increase to £10 from £9.50 in April this year. M&S say a full-time customer assistant will earn over £100 more each month compared to October 2021.
Morrisons – £10.20
Breakroom rating: 5.3
At the beginning of 2021, Morrisons became one of the first supermarkets in the UK to break the £10 an hour minimum wage barrier as part of a new pay deal that started in April 2021.
Currys – £10.35
Breakroom rating: 5.3
Currys has increased the hourly pay for its colleagues in the UK to help support them during the cost-of-living crisis. From 30 October, Currys rates will increase by a further 3.5% to £10.35 per hour (£11.43 per hour in London), the third rise in the last 13 months.
Asda – £11.11
Breakroom rating: 5.6
Last week Asda said it will be increasing the hourly pay for its colleagues by 10% while also offering a bonus payment for staff. Store colleagues will have their pay increased from £11.00 per hour from April and £11.11 per hour from July.
Co-op – £9.90
Breakroom rating: 6.3
Co-op currently pays a minimum of £9.90 an hour and, £11.25 in London. Additionally, it offers paid breaks, up to 10% pension contributions and up to 31 days of holiday and a 20% Co-op food discount.
Screwfix – £10.60
Breakroom rating: 7.3
Screwfix is to increase by 8% to a minimum of £10.60 an hour for their hourly pay for staff from April 2023. DIY retailer Screwfix has announced from April 2023 they are increasing their minimum wage to £10.60 for workers outside of London and to £11.75 for those who work within the M25.
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** All reviews, ratings, rankings and job postings are accurate as of the 28th of February 2023
Published on 28 February 2023