More than 40,000 members of staff will receive a raise to help them through the crisis
Marks & Spencer has announced a pay rise for more than 40,000 of its staff, marking the second salary increase this year as the retailer responds to cost-of-living concerns.
The retail giant will also hand a £250 M&S voucher to 4,500 employees at pre-management levels in its stores and support centres. Staff at M&S are entitled to a number of benefits, including free everyday food items and sanitary products all-year round, the firm said.This announcement comes as the UK’s second largest supermarket chain Sainsbury’s unveiled a £25 million package last week, raising its minimum wage and offering free food during shifts.
“Our colleagues are our biggest asset, and we want to ensure they are fully supported and rewarded for the remarkable contribution they make to M&S.”