Pandora Retail Employees to Be Paid UK Living Wage

19 Oct 2021

Pay increase will reward great performance and help Pandora attract workers, as the company grows and employers struggle with labour shortages.

Pandora today announced that it will increase hourly pay for staff in its UK stores from £8.91 to £9.50 (£10.85 in London).

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The increases take effect immediately and will match Pandora’s salaries with the independently calculated Living Wage rates.

Pandora will also increase pay in its stores in Ireland from €10.20 to €12.30. On top of the hourly base pay, Pandora also pays commission to its retail employees. The commission rates stay unchanged.

Rasmus Brix, Managing Director of Pandora UK and Ireland, said,  

“Our frontline colleagues have shown outstanding dedication during the pandemic, and we want to thank them for their commitment. We expect Pandora to grow in the years to come, and we will need to hire more people. We want to attract the best talent to join us and believe we offer very competitive terms,”

Britain’s employers are struggling with the worst staff shortages since the late 1990s, amid the rush to reopen from lockdown and a sharp drop in overseas workers due to Covid and Brexit.

Pandora grew its UK revenue in 2020 as it managed to shift most of its sales online, and the company earned praise for continuing full pay to all employees, even though most of its stores were closed.

Pandora has more than 160 owned and operated stores in the UK and Ireland and employs 1,200 people in its retail teams.

Earlier this year, Pandora introduced a new company strategy called Phoenix that aims to drive growth in the years to come. Pandora had sales of 19 billion Danish kroner in 2020 (£2.2 billion) and expects to reach at least 22 billion Danish kroner (£2.5 billion) in 2021.

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Source: Pandora