John Lewis and the Co-op will hike the minimum wage for workers as retailers try to retain staff amid a general upward trend in living wages. <\/p>\n\n\n\n
Starting in April, John Lewis, including its Waitrose stores, will set its minimum hourly wage at \u00a311.55, with a higher rate of \u00a312.89 for those in London. <\/p>\n\n\n\n
This adjustment exceeds the forthcoming rise in the National Living Wage, which is set to reach \u00a311.44 per hour next month.<\/p>\n\n\n\n
The Co-op implements a 10.1 percent wage increase for 37,000 store workers<\/a><\/strong>, bringing their hourly rate to \u00a312, and even higher in London, at \u00a313.15.\u00a0<\/p>\n\n\n\n This increase marks the Co-op’s most substantial pay investment<\/a><\/strong>, reflecting a more than 20 percent rise in employee wages over the last two years.<\/p>\n\n\n\n John Lewis and the Co-op are distinguished by their ownership structure, being member-owned entities.<\/p>\n\n\n\n John Lewis is noted as the UK’s largest employee-owned business, boasting 80,000 partners.<\/p>\n\n\n\n Need Career Advice? <\/strong>Get employment skills advice at all levels of your career<\/strong><\/a><\/p>\n\n\n\n This shift in pay comes as the National Living Wage is to expand its coverage to include 21 and 22-year-olds for the first time, alongside an increase in the minimum wage for younger workers. <\/p>\n\n\n\n This has prompted a wave of pay increases across the retail sector<\/a><\/strong>, with major players such as Tesco, Sainsbury’s, Asda, Aldi, Lidl, and M&S also announcing pay rises.\u00a0<\/p>\n\n\n\n Aldi initiated its wage increase in February, followed by Lidl and Sainsbury’s in March. <\/p>\n\n\n\n M&S employees<\/a><\/strong> are slated for a raise in April.<\/p>\n\n\n\n Asda plans an interim hike to \u00a311.44 on April 1st, with a further increase to \u00a312.04 per hour starting July 1st.<\/p>\n\n\n\n Follow us on <\/strong>X<\/strong><\/a>, <\/strong>LinkedIn<\/strong><\/a>, and <\/strong>Facebook<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" John Lewis and the Co-op will hike the minimum wage for workers as retailers try to retain staff amid a general upward trend in living wages. <\/p>\n","protected":false},"author":5,"featured_media":57326,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[415,3,414],"tags":[188],"class_list":["post-57324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk-employment-news","category-business-news","category-uk-business-news","tag-john-lewis"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/posts\/57324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/comments?post=57324"}],"version-history":[{"count":0,"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/posts\/57324\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/media\/57326"}],"wp:attachment":[{"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/media?parent=57324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/categories?post=57324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/tags?post=57324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}