pay – Page 45
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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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Comment & OpinionWe need to talk about gender diversity in the industry
The challenge lies in tackling subconscious biases that continue to block talented female candidates from promotion
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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.
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NewsSpar looks to open YMCA-staffed store in Stoke-on-Trent
Spar has linked with the YMCA to open a store that will be staffed by residents of a YMCA centre in Stoke-on-Trent…
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NewsSABMiller CFO Jamie Wilson steps down
Global brewer SABMiller has announced that CFO Jamie Wilson handed in his resignation for “personal reasons”.
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NewsSurprise departure for Majestic Wine CEO Steve Lewis
The hunt is on for a new CEO at Majestic Wine following the immediate departure of current boss Steve Lewis this morning.
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NewsExclusive: Tesco staff given until 25 February to apply for redundancy
Thousands of Tesco staff have been offered the chance to apply for voluntary redundancy as the retailer looks to slash overheads
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NewsOcado executive team share in bumper £19.6m pay package
Ocado executives were awarded a bumper £19.6m pay package last year thanks to the online grocer’s share price gains.
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NewsMillerCoors CEO Tom Long to retire in June
Tom Long is to retire as CEO at MillerCoors at the end of June sparking a search for a succesor by the brewing business.
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Analysis & FeaturesSalary-linked pension schemes are too expensive for retailers in 2015
Under fire from new challengers like Aldi and Lidl, such gold plated pensions are simply too expensive to offer for retailers to offer in the current market.
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NewsJohn Lewis cuts final salary pension benefits
The John Lewis Partnership has announced a host of changes to its pension scheme as it looks to claw back an £840m pension deficit.
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NewsSSP boss Kate Swann got £3.8m in IPO bonuses
The boss of SSP, CEO Kate Swann, received bonuses worth £3.8m from its successful stock market listing in July 2014
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NewsLargest family income increase for over five years means shoppers feel flush
Real wage growth from the fall of fuel and food puts the consumer of the front foot for the first time since the recession
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NewsJobs in the food industry carry on downwards trend
The fall in food industry employment goes against the non-food retail pattern of increased employment and recovery
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NewsReckitt Benckiser fined £540k for share dealing reporting lapses
The UK’s Financial Conduct Authority (FCA) has fined Reckitt Benckiser Group £539,800 for “inadequate systems and controls” to monitor share-dealing by its executive team.