Pret a Manger announces second pay increase within four months

Pret a Manger, the popular sandwich and coffee chain, has announced its second pay increase within four months. The company has raised its hourly pay rate by 50p, bringing it to £9.30 ($12.20) per hour for all employees in the UK.

This move comes after the company’s first pay increase in July, when it raised its hourly pay rate by 70p. The company has stated that this latest pay increase is part of its ongoing commitment to its employees and their well-being.

Pret a Manger has been praised for its efforts to support its employees during the COVID-19 pandemic. The company has continued to pay its staff throughout the lockdown period, even when its stores were closed. It has also provided additional support to its employees, including mental health resources and financial assistance.

The company’s CEO, Pano Christou, has stated that the pay increase is a reflection of the hard work and dedication of its employees. He said, “Our teams have been incredible during this challenging time, and we want to show our appreciation by continuing to invest in them.”

The pay increase has been welcomed by employees and labor unions. The Bakers, Food and Allied Workers Union (BFAWU) has praised the company for its commitment to fair pay and working conditions.

However, some critics have argued that the pay increase is not enough, and that the company should be paying its employees a living wage. The living wage in the UK is currently £9.50 ($12.40) per hour outside of London, and £10.85 ($14.20) per hour in London.

Pret a Manger has stated that it is committed to paying its employees a fair wage, and that it will continue to review its pay rates on a regular basis. The company has also announced that it will be launching a new apprenticeship program, which will provide training and development opportunities for its employees.

Overall, Pret a Manger’s latest pay increase is a positive step towards fair pay and working conditions for its employees. The company’s commitment to its staff during the pandemic has been commendable, and it is clear that it values its employees as a key part of its business.