Tesco back pays 140,000 former and current employees
Retail giant Tesco is to reimburse 140,000 former and current employees after an internal review of its reward system revealed that their pay fell below the national living wage. The statutory rate for employees aged 25 and over is currently £7.20 and hour, increasing to £7.50 an hour from next month. For Tesco employees paying into […]
Industry Spotlight: UK workers experience substantial wage drop compared to all leading economies, says TUC…
Despite the introduction of a new National Living Wage of at least £7.20 per hour for workers over the age of 25 – as well as a whole host of organisations publicly declaring their commitment to higher wages for employees — analysis published by the Trade Union Congress (TUC) has determined that UK workers suffered the biggest fall in real wages (wages that are adjusted for inflation) […]
