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Ikea to increase pay for Irish workers

Ikea has revealed plans for a pay rise for employees in Ireland, with the hourly rate now rising to €13.85.

he wage boost follows recommendations from the Living Wage Technical Group (LWTG) and will come into effect from January.

The LWTG, which was established in 2014, tracks changes in living costs to calculate an hourly rate which provides a “socially acceptable standard of living”.

The group is supported by a number of charities, trade union and educational institutions.

This increase to the living wage will see Ikea workers receive an average 6pc increase in pay.

The Swedish retailer also said that eligible members of its Irish team are set to receive a bonus before Christmas.

Ikea has also doubled the discount for staff to 30pc. This discount can be used on the company’s range of home furnishings, as well as within the in-store food market.

“Recognising the increasing challenges brought by the rising cost of living, we are pleased to share some of the additional measures we are taking to ensure needs are met; and hope that it will ease some of the pressures of the current climate,” said UK and Ireland deputy country manager Marsha Smith.

In October, discounter Lidl also unveiled plans to pay the living wage of €13.85 an hour from January.

Last week, Ingka Group, owner of Ikea stores, reported a 9pc increase in its annual operating profit following the introduction of a range of price rises to offset increases in raw materials, energy, transport and logistics.

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