US EditionShareAction Presses UK Supermarkets to Restore Real Living Wage Pay
ShareAction says 2 major grocers now pay above the minimum wage but below the voluntary benchmark as investors press for commitments at annual meetings.
- Investor activist group ShareAction is urging major supermarkets to restore worker pay to the Real Living Wage after several players stepped back from the benchmark amidst industry cost pressures.
- While many supermarkets recently announced pay hikes, including 5% at Sainsbury, several have dropped previous commitments to the Real Living Wage, moving closer to the national minimum wage.
- Discount supermarkets Aldi and Lidl remain the only major supermarkets paying the Real Living Wage nationwide, while The John Lewis Partnership only matches the benchmark for employees within the M25.
- Louise Eldridge, head of good work at ShareAction, said pressure on supermarkets to make firm commitments on pay would be a "major focus" for the group at upcoming AGMs this year.
- Supermarkets cite steep cost pressures, including higher National Insurance contributions, as The Co-operative Group recently abandoned its "long-standing commitment" to the Real Living Wage despite a 3.5% pay rise.
8 Articles
8 Articles
Evening Standard
Major supermarkets face call to reinstate pay in line with real living wage
Retailers Tesco, Sainsbury’s, M&S and Co-op no longer pay in line with the salary benchmark.
Tesco and Sainsbury's among supermarkets under fire in 'real Living Wage' pay row
Supermarkets, including Tesco and Sainsbury's, are under pressure to bring staff wages back in line with the real Living Wage, currently £13.45 per hour.Investor campaign group ShareAction is pressing Britain's largest supermarket chains to go above and beyond the National Living Wage despite growing business costs.Several major retailers have retreated from matching this voluntary benchmark in recent years as the sector grapples with mounting c…
The Independent
The Independent (US)UK supermarkets told to restore worker pay to the real living wage
M&S was revealed last month to be no longer offering pay in line with the real living wage
Supermarkets urged to restore real living wage amid rising cost pressures - London Business News
Investor activists are pressing the UK’s largest supermarkets to reinstate pay in line with the real living wage, as many chains have stepped back from this benchmark in recent years.… The post Supermarkets urged to restore real living wage amid rising cost pressures appeared first on London Business News
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