Marks & Spencer Announces Significant Pay Raises and Enhanced Family Leave Policies
The retailer is set to increase hourly wages for 40,000 staff and introduce substantial improvements to maternity, paternity, and adoption leave from April.
- Marks & Spencer to raise minimum pay to £12 per hour outside London and £13.15 in London, benefiting 40,000 employees.
- The pay increase positions M&S workers above the National Living Wage, set to rise to £11.44 in April.
- M&S's investment in pay and family leave policies totals over £146 million since March 2022.
- The retailer will offer six weeks' paternity leave at full pay and double maternity and adoption leave to 26 weeks.
- M&S aims to be the UK's most trusted retailer and employer, emphasizing the overall package and value of its staff.
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