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No To Pay Cuts At M&S

Tuesday, July 12, 2016

GMB Condemns Cuts To Pay At Marks And Spencer

You can’t cut your way out of a crisis and to see M&S cut the pay of shop floor staff for a crisis created in the boardroom is illogical, immoral and unfair says GMB

GMB commented today on plans from Marks & Spencer to cut premiums for working on Sundays and bank holidays. The company plans to terminate extra pay for work on Sundays altogether while bank holiday premiums will be reduced.

Reductions in pension contributions are expected to see some 11,000 workers worse off while anti-social hours payments have been restricted to those starting work before 6am rather than 7am.

Harry Donaldson, GMB national officer, said “Once again in the retail sector we see an employer giving with one hand and taking away with the other. GMB members will be very disappointed to see M&S prioritising shareholder returns at the expense of hardworking employees.

Marks and Spencer claim that the new pay structure will make the company more sustainable and give workers “parity” across the organisation but as usual we’re seeing long standing, low paid employees being the worst affected while senior management get off scot-free. In what world is that fair?

Last month M&S revealed that clothing sales had fallen by 8.9% since last year following the implementation of a plan from the company’s new chief executive Steve Rowe. GMB members should not be on the receiving end of the incompetence from Marks and Spencer’s senior management.

You can’t cut your way out of a crisis and to see M&S cut the pay of shop floor staff for a crisis created in the boardroom is illogical, immoral and unfair.”

End

Contact: Harry Donaldson on 07885 456726, Bob Crosby on 07872 377531 or GMB press office on 07970 863411

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