Ikea to hand workers 6% cost-of-living rise

Ikea is to hand its workers a pay rise and improved benefits as part of a £12 million investment in cost-of-living support.

The Sweden-based retail giant said its hourly paid staff will receive an increase in earnings to £10.90 an hour, or £11.95 for those based in London.

Salaried workers will also receive a pay rise of 6% on average.

It is the latest retailer to boost its pay for staff, following all the UK’S major supermarket chains, as staff face continued rises in the cost of living.

Ikea also said it will ramp up its existing benefits package for workers.

It said this will include doubling the staff discount to 30% across more than 2,000 homefurnishing items which reduce energy, water and food waste.

Staff will also receive more free food options, travel season ticket discounts and other benefits.