Wesfarmers to boost pay for Homebase staff under 25

Retail Week has reported that Homebase's new parent company, Wesfarmers, is to extend the National Living Wage to all members of staff, including those under the age 25.

The National Living Wage came into effect on April 1st, and mandates that all staff over the age of 25 are paid a minimum of £7.20 an hour. Employees aged between 21-25 are subject to the National Minimum Wage and must be paid a minimum of £6.70 while those aged 18-20 receive a minimum of £5.30.

The new Managing Director of Homebase - Peter Davis - has said he wants to “provide a better overall income” for employees, increase contracted hours and "create more permanency”.  

The report also referenced the introduction of performance-related pay scales to “increase opportunities for reward and recognition”.

Davis added: “This is a strong investment creating the culture we want for our teams and a business we can all be proud of. Retention and development is key to our long-term success,”.

Source : Insight DIY