Tesco Ireland confirms enhancements to staff pay and benefits
8 February 2023 | 0
Tesco Ireland has confirmed a further enhancement of pay and benefits designed to support colleagues.
From 1 March, Tesco is introducing an enhancement of its Colleague Clubcard*, providing a monthly 15% discount event on top of the existing 10% discount available on purchases and a twice-yearly 20% discount on seasonal events.
In a bid to further support households and families, Tesco is increasing the annual discount allowance by €200, bringing the annual total allowance to €1,500.
To support colleague benefits, Tesco is also providing free hot breakfast and lunch options and complimentary period care products for colleagues.
From 1 April, retail colleagues will receive 4% increase in their hourly pay, bringing the total pay increases awarded in past 12 months to 10%.
“Our colleagues have told us how much the colleague discount we provide helps them and their families,” said Maurice Kelly, people director at Tesco Ireland.
“As part of our financial wellbeing programme, we’re pleased to be making this permanent investment in our total reward and benefits to further help colleagues and their families.
“Along with the further enhanced discount, we’re also reminding colleagues about this year’s hourly pay award to help colleagues budget for the year ahead,” he added.
A spokesperson for Tesco added that in the last 12 months alone, it has also invested significantly in benefits including paid maternity, paternity, and adoptive leave, along with the introduction of a more accessible industry leading retirement savings plan last year. Tesco likewise provides save as you earn share purchase schemes, facilitates the government tax incentive train tickets and Bike to Work schemes for colleagues, as well other financial wellbeing tools.
*(After three months of service, colleagues receive a discount card for themselves and a second card for a family member)