Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Lidl increases pay to match Aldi in battle for staff

by May 12, 2024
May 12, 2024
Lidl increases pay to match Aldi in battle for staff

Lidl has raised its basic wages to match those of its competitor Aldi in a bid to attract and retain staff.

The supermarket’s new hourly rates of £12.40 for workers outside greater London and £13.65 for those within the M25 motorway now align with Aldi’s pay scale.

This move positions both German discount chains ahead of the major supermarket groups in terms of pay. Lidl’s chief executive, Ryan McDonnell, emphasized the company’s commitment to offering industry-leading pay, especially as it expands with plans for new stores across the UK.

The increase in wages comes amid a broader context of rising minimum wage standards set by the government. The National Living Wage, which rose to £11.44 in April and now covers workers over the age of 21, serves as a benchmark for companies’ wage policies.

While the main supermarkets typically pay above the minimum wage, with rates exceeding £13 an hour in greater London and at least £12 outside the capital, Lidl and Aldi’s move highlights their competitiveness in the retail sector. For example, Tesco offers hourly rates ranging from £12.02 to £13.13 depending on location.

Read more:
Lidl increases pay to match Aldi in battle for staff

0
FacebookTwitterGoogle +Pinterest
previous post
Nadhim Zahawi confirms he paid nearly £5m for tax error
next post
White Label for Neobanks: How to Accelerate the Launch of Digital Banking Products

You may also like

5 Notable Reasons Why Your Business Should Invest...

July 13, 2023

UK inflation remains steady at 4% bolstering hopes...

February 14, 2024

How to Feel at Home: Tips to Blend...

July 22, 2024

How Is AI Changing Retail: 13 Trends Reshaping...

July 15, 2024

Payday for George Osborne as Robey Warshaw sold...

July 30, 2025

UK postal workers to strike for four days...

August 10, 2022

Turning Your Art Hobby into a Thriving Business

April 15, 2025

Tata confirm decision to build £4bn gigafactory in...

July 19, 2023

Mike Lynch obituary: Pioneering tech entrepreneur and Cameron...

August 23, 2024

Is NewCasinos the Go-to Site for New Casino...

January 10, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump’s Debanking Order Calls for Investigation, Something Tennessee Should Have Done

      August 10, 2025
    • White House responds to surge in Christian persecution crisis across sub-Saharan Africa

      August 10, 2025
    • China’s rare earth tech obsession ensnares US resident as CCP looks to maintain stranglehold

      August 10, 2025
    • From Altadena to Westminster: climate denial is a luxury we can’t afford

      August 10, 2025
    • Why customer reviews are crucial for small business success

      August 10, 2025
    • Why Clarkson’s Farm should tackle climate change – before the business of farming crumbles

      August 10, 2025

    Categories

    • Business (8,739)
    • Investing (2,191)
    • Politics (16,351)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved