pay – Page 26
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NewsCity snapshot: M&S to cut 7,000 jobs after Covid clothing and home sales slump
Marks & Spencer has announced it plans to cut around 7,000 roles over the next three months as a result of a “material shift in trade” due to the coronavirus outbreak. Plus, grocery growth slows as shopper behaviour returns back towards normal and all the rest latest news from the City.
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NewsWH Smith to cut up to 1,500 jobs after coronavirus sales slump
The group said the costs associated with its restructure will be in the region of £15m-£19m
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NewsSelfridges to cut 14% of workforce as coronavirus hits sales
The luxury retailer will make around 450 staff redundant in what group MD Anne Pitcher called the “toughest decision” it has ever had to make
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Analysis & FeaturesWill coronavirus put supermarket pay on a more equal footing?
Supermarkets have rewarded frontline staff with boosts to pay, while some have pruned back executive bonuses. Is the future more equitable?
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Analysis & FeaturesGuide for SMEs: what is the flexible furlough scheme and how do you use it?
To explain the new features of the flexible furlough scheme, and the key points of difference from the current one, we spoke to Cripps Pemberton Greenish senior associate Patrick Glencross
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NewsCity snapshot: Tesco faces shareholder revolt over pay
Tesco is likely to face shareholder revolt at its AGM of Friday over CEO Dave Lewis’ £6.4m pay package
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NewsVulnerable supermarket staff told to return to work or face losing pay
It is understood as many as 16,000 Tesco workers have been told they should return to work
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NewsBP announces it is to pay real living wage to all UK retail staff
BP said the adoption of the RLW would represent, on average, a pay increase approaching 5% for its retail workers
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NewsLincolnshire Co-op challenged by Usdaw over staff welfare during coronavirus
The union has urged the mutual to end its ‘mean-spirited’ response to furloughed and self-isolating workers
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NewsPost Office extends coronavirus payment measures for postmasters
The new payment includes those operating multiple branches and is generated from May’s trading
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NewsFood & drink leaders and unions praise companies offering full pay for self-isolating staff
Measures recommended include ensuring effective and regular cleaning and disinfecting of factories
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NewsUsdaw calls for ‘new deal’ for retail workers after crisis is over
The union is marking International Workers’ Day (1 May) by calling for what it said were millions of ’low-paid and undervalued’ workers to be treated more fairly
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NewsTesco to extend coronavirus bonus payments to frontline staff
The bonus is backdated to 6 March and will now run until Saturday 30 May
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Comment & OpinionWe must protect store workers – and pay them fairly
Predominantly female store-based staff are at increased risk, says Sophie Clarke, an associate at Harcus Sinclair UK
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NewsWaitrose sees 8% sales hike as John Lewis faces slump
Chairman Sharon White is take a 20% pay cut on her £990,000 annual salary
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NewsBurton’s Biscuit Co pays workers coronavirus bonus
The company this week made a “thank-you payment” of £100 to all workers in its factories
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NewsDriving instructors offer to deliver food to those self-isolating
In a bid to find work for its 1,500 instructors, Red Driving School is reaching out to employers seeking temporary drivers to deliver food
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NewsCo-op’s Steve Murrells to donate salary for new members’ coronavirus fund
The fund will support food banks, funerals and frontline community causes
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Analysis & FeaturesGuide for SMEs: how to access government support during the coronavirus crisis
The government has announced a broad package of measures to support UK businesses through the coronavirus crisis. So what financial help can food and drink SMEs get? And what do they need to do?
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NewsWaitrose staff to get bonus in recognition of coronavirus ‘sacrifices’
John Lewis Partnership is the latest retailer to announce a bonus for workers battling to keep supermarket shelves stocked