Morrisons is raising its staff wages to £10.20 an hour to stave off competition amid the cost of living crisis.
The supermarket said its 80,000 workers will be the highest paid in the industry after rivals Tesco, Asda and Sainsbury’s also announced wage increases.
Sainsbury’s increased staff pay in March but was later forced to increase again for all London workers due to pressure from shareholders.
In April, Tesco announced it would raise its minimum wage to £10.10 an hour from the end of July, bringing it in line with Lidl and Aldi, previously the UK’s highest-paid supermarkets.
Morrisons also confirmed that the minimum wage for its London staff – which covers all stores within the M25 – will be £11.05 an hour, which is the London subsistence level.
The new deal is set to begin in October, subject to staff approval of the offer.
Clare Grainger, Group People Director at Morrisons, said: ‘We are delighted to retain our position as the UK’s highest paying national supermarket.’
The battle to recruit more staff is on across the board after the country’s job vacancies hit record levels as the economy reopened from various Covid lockdowns.
Official figures last month showed that for the first time since records began, there were fewer unemployed than job vacancies.
“For the majority of businesses in almost every field, hiring is very difficult,” said Richard Hyman, partner at retail consultancy TPC.
‘[A wage rise] could give Morrisons a temporary advantage in the recruitment market, but how retailers deal with rising costs and how they share the pain with their customers will be central to how they emerge from this difficult economy.’
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https://metro.co.uk/2022/06/12/morrisons-raises-staff-pay-to-10-20-an-hour-in-cost-of-living-crisis-16812643/ Morrisons raises staff wages to £10.20 an hour amid cost-of-living crisis