Pret A Manger gives staff third pay rise in a year
Pret A Manger has announced its plans to give employees another pay rise – that’ll be the third within a year!
The increase, set to begin in April, will result in a 19% boost in year-on-year pay for shop workers, making Pret A Manger’s baristas some of the highest-paid in the industry, with wages ranging from £11.80-£14.10 per hour based on experience and location.
This announcement follows similar moves by other retailers such as Tesco, Asda, Aldi, and Lidl, all of which have raised their workers’ pay in response to the current labour market.
Worker shortage due to Brexit
The UK’s current worker shortage is attributed to long-term sickness resulting from the pandemic and a lack of foreign workers, which has driven up the cost of living.
The rising cost of living has led to widespread staff walkouts and strikes in various sectors.
However, some economists are concerned that large pay increases may exacerbate the inflation problem.
Despite this, Pret A Manger’s interim managing director, Guy Meakin, believes that this pay increase, coupled with an expanded benefits package, will provide additional support to their hardworking teams as the cost of living continues to rise.