Electricals retailer Currys is increasing pay rates and bonuses for its staff
- Currys invests £13m in staff pay
- Hourly paid staff to receive higher hourly rate and bonuses
- Skilled store-based colleagues can earn up to £13.95 per hour
- 9.5% increase in staff hourly rate
- Minimum pay rates boosted to £11.50 per hour and £12.50 per hour in London
Currys, the electricals retailer, is investing a further £13m in colleague pay, which will result in higher hourly rates and bonuses for hourly paid staff. Skilled store-based colleagues will now be able to earn an average of £12.33 per hour, with top performers earning an average of £13.95 per hour. The investment represents a 9.5% increase in staff hourly rate. Additionally, Currys is boosting its minimum pay rates to £11.50 per hour and £12.50 per hour in London.
Factuality Level: 10
Factuality Justification: The article provides clear and factual information about Currys’ new pay rates for store-based colleagues, including average hourly rates, top performers’ earnings, potential bonuses, and minimum pay rates in London. The information is straightforward and does not contain any irrelevant details, bias, or inaccuracies.
Noise Level: 2
Noise Justification: The article provides clear and relevant information about Currys’ decision to increase hourly rates for store-based colleagues, including specific details about the new rates and potential bonuses. The article stays on topic and does not contain irrelevant or misleading information. It supports its claims with specific numbers and examples, making it easy for readers to understand the impact of the decision.
Financial Relevance: Yes
Financial Markets Impacted: No
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: This news article pertains to financial topics as it discusses the increase in hourly rates for store-based colleagues at Currys, a retail company.
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