Marks & Spencer (M&S) took an initiative to help its employees battle, and announced a £15 million worth support package for the staff, which also includes food vouchers and salary hikes.
Besides that, the retailer has introduced an additional autumn pay review for the first time, more than 40,000 workers’ hourly pay will be raised to a minimum of £10.20 starting from 1 October 2022.
Earlier, M&S had hiked the pay from £9.50 to £10.00, additionally it will also offer a one-off £250 voucher to spend at M&S for its salaried colleagues at pre-management level.
On the other hand, M&S is launching a free meal per shift for employees at its distribution centre in Castle Donington, in addition to introducing free sanitary products to workers across all stores and sites.
Stuart Machin, boss of Marks & Spencer, said, “Whether you’re running a home or running a business, everyone across the country is feeling the pressure of rising costs. We want to do what we can to help ease some of that strain.”
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, he added.