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Covid-19: Britain's Sainsbury's gives staff third pandemic bonus

London - Payment based on 3 per cent of employee’s annual pay.

Published: Fri 26 Feb 2021, 2:50 PM

Updated: Fri 26 Feb 2021, 2:51 PM

  • By
  • Reuters

Britain’s second-largest supermarket group Sainsbury’s will award staff a third bonus for their efforts during the Covid-19 pandemic, it said on Friday.

Sainsbury’s has 172,000 workers, making it one of Britain’s biggest private sector employers.


The third one-off payment will be made in May to staff working in stores, plus logistics and customer care teams.

It will be based on 3 per cent of an employee’s annual pay, so a full-time staffer would receive more than £530 ($739).

Sainsbury’s also announced a pay increase for store staff.

It said that from March the hourly rate for Sainsbury’s and Argos store workers would increase to £9.50 - an increase from £9.30 for a Sainsbury’s worker and £9.00 for an Argos worker.

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Workers in central London will have their pay increased to 10.10 pounds an hour.

The group said the latest rise means pay for store staff has increased by 24% over the past five years.

Shop workers union Usdaw, however, was critical of the rise, saying it fell short of the deal it negotiated with Morrisons, Britain’s fourth-biggest supermarket group, to pay staff £10 an hour from April.

Sainsbury’s said in January that after forgoing business rates relief of £410 million it expected to report an underlying pretax profit of “at least” 330 million pounds for its 2020-21 financial year, down from £586 million in 2019-20.

Reuters

Reuters



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