UK Shop Staff to Earn Above National Living Wage with Upcoming Increase
- Pret A Manger announces a third pay rise in 12 months
- Shop staff to earn well above the National Living Wage from April
- Pay increase between £10.30 and £11.55 per hour for team members, up to £14.10 per hour for baristas with Mystery Shopper Bonus
- Average base salary for shop staff increases by 19% in April
- New discounts portal launched for access to essential items at lower cost
Pret A Manger has announced a third pay rise in just 12 months, affecting 7,870 UK shop staff. Team members’ hourly wages will increase from £10.30-£11.55 to £10.60-£11.90 per hour, while baristas will see an increase from £10.85-£12.50 to £11.20-£12.85 per hour. The company has also revealed that its baristas could earn up to £14.10 per hour with the Mystery Shopper Bonus, an extra £1.25 hourly bonus for eligible staff. This follows a 5% pay rise in December 2022, resulting in a 19% increase in average base salary for shop staff by April. Pret A Manger has also launched a new discounts portal for access to essential items at lower costs, building on its existing benefits package including free food and drink during shifts and a 50% discount for all employees.
Factuality Level: 10
Factuality Justification: The article provides accurate information about Pret A Manger’s decision to give its staff a pay rise and the details of the increase. It also mentions the company’s commitment to providing benefits for their employees and addressing the cost of living crisis. The information is relevant, objective, and free from sensationalism or personal opinions.
Noise Level: 2
Noise Justification: The article provides relevant information about Pret A Manger’s decision to increase staff pay and introduce new benefits to help with the cost of living crisis. It includes specific details on the pay rise and the impact on employees. The article stays on topic and supports its claims with evidence (the pay rise percentages and the new discount portal). There is no noise, filler content or exaggeration.
Financial Relevance: Yes
Financial Markets Impacted: No
Financial Rating Justification: The article discusses Pret A Manger’s decision to increase staff pay and introduce new benefits, which may impact the company’s expenses but does not directly affect financial markets or specific companies.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: Minor
Extreme Rating Justification: No extreme event mentioned in the text.
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