All Pay and jobs articles – Page 47
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NewsDalton Philips gets £4m pay package on Morrisons exit
Former Morrisons CEO Dalton Philips received a £1m annual bonus payment in the supermarket’s last financial year despite escalating losses and plunging sales during the period.
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NewsTesco unveils new bonus scheme in 'Turnaround' plan
Tesco staff are to get rewards of up to 5% of their annual income if they help CEO Dave Lewis meet his targets for recovery
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NewsMorrisons to change staff bonuses based on customer service
The retailer announced this week it had relaunched its staff bonus scheme with the aim of rewarding colleagues for better customer service
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NewsCaterway shuts its doors following collapse in trading
Wholesaler Caterway has ceased trading after attempts to secure the external investment it needed to survive failed.
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NewsGreggs executives benefit from maximum bonus payouts
CEO Roger Whiteside achieved 100% of his possible annual bonus after the company hit every financial and strategic target set for the 2014 financial year
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NewsReckitt Benckiser CEO Rakesh Kapoor’s pay up 64% to £11.2m
The total pay packet of Reckitt Benckiser CEO Rakesh Kapoor rose by almost two-thirds last year to £11.2m less than a year after investors chastised RB’s pay policies at its 2014 AGM.
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NewsCornish baker WC Rowe makes living wage commitment
The company will be paying the new wage from 1 November and plans to be accredited by the Living Wage Foundation by then
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NewsDavid Potts makes £1m show of faith in Morrisons
New Morrisons CEO David Potts has made a public show of faith in the embattled supermarket by buying more than £1m of its shares during his first week in the top job.
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NewsConvenience operators blast national minimum wage hike
Trade associations have warned the hike could force independent retailers to axe jobs
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NewsMinimum wage hike leaves convenience store operators frustrated
The ACS warned that the 3% increase in the adult rate from £6.50 to £6.70 would have a negative impact on staffing and investment levels in the convenience sector
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NewsMcColl's bosses scoop share awards but miss out on annual bonus
Executives at newsagent chain McColl’s received a £5.3m share-related bonus last year after the company’s IPO on the London Stock Exchange, but missed out on a profit-based annual bonus.
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NewsCo-op staff welcome 8.5% pay rise proposal
The proposal is worth in excess of £85m a year and will see minimum pay rates for a full-time employee increase
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NewsMaxxium UK promotes Mark Riley to managing director
Riley, who will take up the position on 1 April and replaces Huw Pennell, had been sales director for the spirits distribution company for three years
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Comment & OpinionCan competitors afford to follow Co-op's lead and raise wages?
Political pressure is being exerted on major employers to significantly raise the wages of their lowest-paid workers
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NewsRifkind to leave Unilever board following ‘cash-for-access’ scandal
Sir Malcolm Rifkind is to part ways with consumer goods giant Unilever following the MP’s departure from Parliament in a cash-for-access scandal.
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NewsShop floor management shakeup will see more Tesco staff in store
Tesco is axing hundreds of deputy manager positions and thousands of team manager positions in its stores…
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NewsMorrisons appoints David Potts as its next chief executive
Morrisons has appointed former Tesco director David Potts as its next chief executive. Chairman Andrew Higginson said he was the “best retailer” he had worked with in 25 years in the industry.
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NewsACS voices concern over minimum wage increase
With inflation now forecast at 0.5%, it would be the largest real-terms increase in the NMW since 2007 if accepted by the government
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NewsBordeaux Fine Wines owner banned for 15 years
The owner of Bordeaux Fine Wines has been banned from running a company until 2030 after using investors’ money to fund a lavish lifestyle of buying sports cars, race horses and hiring private jets.
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NewsMorrisons chairman Andrew Higginson to advise Poundland owner on retail investments
Morrisons chairman Andrew Higginson has added a new role to his list of responsibilities after joining the private equity owner of Poundland as a senior advisor.