Tesco Ireland supports colleagues with enhancements to pay and benefits
3 February 2023
Tesco Ireland has today confirmed to its colleagues a further enhancement of pay and benefits designed to support colleagues.
From 1st 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. 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 providing free hot breakfast and lunch options and complimentary period care products for colleagues.
From 1st April, retail colleagues will receive 4% increase in their hourly pay, bringing the total pay increases awarded in past 12 months to 10%.
Maurice Kelly, People Director, Tesco Ireland “Our colleagues have told us how much the colleague discount we provide helps them and their families. 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. Retail colleagues will benefit from a further 4% pay award effective in April, bringing their total pay award to 10% in the past 12 months.”
As a leader in food retail, Tesco is one of the largest private sector employers in Ireland offering colleagues highly competitive reward and benefits. In the last 12 months alone, it has 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 also 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.