Big pay cuts at Tesco
Store managers have been told of the changes, with an official announcement set to be published tomorrow, February 2nd. This news follows Tesco's announcement that they're going to be stopping 24 hour opening times at a number of their stores (76 to be precise), now closing at midnight, which affects even more workers.
That's not all - as we previously reported, the supermarket giant was found guilty of shafting their suppliers in a bid to focus on their own profits. This is a serious breach of the Groceries Supply Code of Practice, which is designed to protect those who supply to supermarkets. Tesco have been guilty of delaying huge payments for long periods of time to those who provide products to them.
As for this latest bit of news, a new deal is going to be offered to the staff, which will see double time reduced to time-and-a-half on Sundays and Bank Holidays. The incentives given to night staff will only get extra pay between midnight and 6am, with time-and-a-half overtime and double time now a single rate.
A Tesco spokesperson said: "We have reached a positive agreement on a two-year pay and benefits package for store colleagues, which is one of the most competitive in the supermarket industry and is good news for the large majority."
"We will announce details once we have spoken to colleagues about the changes. Any colleagues out of pocket will be given advance notice and earnings will be protected for up to two years."