Connect with us

Hi, what are you looking for?

Business

Asda consults on cutting pay for 7,000 workers

Supermarket chain Asda is considering whether to cut the pay of 7,000 staff in the south east of England to bring it in line with its other stores.

Staff at 39 stores outside the M25 have been paid more for decades to offset a higher cost of living closer to London.

A spokesperson said all Asda staff had recently been given a 10% pay rise to help with soaring inflation.

The GMB union said Asda was set to fire workers who refused to agree to the new conditions.

The union said the workers were already low-paid, and that planning to reduce pay during a cost-of-living crisis was “inexcusable”.

The workers get a so-called “location supplement” of 60p per hour, which Asda may scrap, and a night supplement that it wants to reduce, the GMB said.

It added that those who do not agree to the pay reduction “could be dismissed if they refuse to sign” the new contract.

The consultation is happening at the moment, and Asda plans to bring in the changes in November, the union said.

It accused Asda-owners the Issa brothers of laying the ground for a “debt laden merger” between Asda and EG Group’s UK petrol stations – which the brothers also own.

“These slash and burn tactics, along with food and fuel price increases, will only ramp up if the merger goes ahead,” said GMB organiser Nadine Houghton.

However, an Asda spokesperson said the collective consultation was “in a small number of stores” where workers were paid 60p per hour on top of the £11.00 per hour national rate.

“This supplement is out of line with the wider retail market and has created an anomaly where some Asda colleagues in stores that are close together are paid different rates,” the spokesperson said.

Asda is discussing a “compensatory payment” in return for removing the supplement.

“These discussions are ongoing and no final decision has been taken,” the spokesperson added.

Asda has about 140,000 employees in total.

Read more:
Asda consults on cutting pay for 7,000 workers

    You May Also Like

    Business

    The head of the International Monetary Fund has warned of increased risks to the stability of the financial system after weeks of banking sector...

    Business

    1.22 billion people use Instagram every month. That’s a huge number of Instagrammers trying to hit it big on the platform all at the...

    Business

    Since the rise of online casinos, cybersecurity has become a major concern for both casino operators and players alike. The transactions that go around...

    Business

    The Home Office has made next to no progress in tackling criminal fraud during the past five years, despite it having become Britain’s most...

    Disclaimer: rightdecisionnow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2023 rightdecisionnow.com | All Rights Reserved