Tánaiste Leo Varadkar has hailed the move.
Lidl Ireland will create 750 new roles in 2022 as part of a major investment drive.
€10 million will be put towards an overall increase in staff pay, while the new jobs will be made up of store, transport and office-based roles across Lidl's network of 214 store locations, four regional distribution centres and its head office in Dublin.
Currently, the chain has over 6,000 people on staff in the Republic of Ireland and Northern Ireland.
The company recently announced a €550 million expansion plan that will take place over the next three years.
In 2022, Lidl will increase its footprint of stores across Ireland with 17 new property projects.
The announced pay increase is expected to come into effect from March, with the company continuing its commitment to paying the living wage to its workers.
The living wage in Ireland currently stands at €12.90.
"All Lidl employees on the island will be impacted by this €10 million investment in pay increases either through our commitment to pay the new living wage for 2022 or through additional pay increases to all levels across the business," a Lidl spokesperson confirmed to JOE.
Hailing a "great vote of confidence in retail", Tánaiste Leo Varadkar offered his congratulations to the retail giant while touring its headquarters in Tallaght on Thursday morning.
Speaking earlier this week following the publication of the
Right to Request Remote Working Bill 2021, Varadkar urged Irish employers to provide wage increases for staff in order to meet the increasing cost of living.
"I think [Lidl paying the living wage] is really positive," he said.
"It's a great company and [it] has created employment all over Ireland."
https://twitter.com/LeoVaradkar/status/1486655665804296197
Featured Image of Leo Varadkar via Sasko Lazarov / RollingNews.ie
