pay – Page 44
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NewsDave Lewis could make over £6.5m a year from pay deal
The total, which is dependent on performance, would be over five times his annual salary
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Comment & OpinionEgyptian situation needn't slow down Coupe's Sainsbury's work
With a watertight alibi, it’s difficult to see the Egyptian prosecutions of Coupe and King being anything other than an embarrassing distraction
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NewsJustin King the latest to face Egyptian prosecution
The former Sainsbury’s CEO was convicted last year, claims the Times, and although the conviction was overturned it is understood the Egyptians are appealing the acquittal
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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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Comment & OpinionSainsbury's the last of the big four to roll out major job cuts
The question over Sainsbury’s announcement today is not so much why is it doing it, but why didn’t it do it sooner?
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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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NewsMorrisons axes head office staff but adds more in stores
They welcomed the arrival of reinforcements in the form of more part-time staff.
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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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Comment & OpinionKraft Heinz Company creates a murky future for British jobs
Will growth be achieved through cost-cutting, and when will repercussions of the deal be clear?
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Comment & OpinionPotts rings the changes in Morrisons turnaround
Today was the most dramatic day so far in the Morrisons revolution
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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