Friday 16 March 2007

Below inflation wage rise

Sainsburys staff are set to get a 5.6% pay rise, but over the comming next two year in stages. The rise of only 5.6% is below inflation which curently is 3%. The deal which seems attractive at first glance has left some staff angered at the decision.

Harry Rowson said: "i feel this is unfair they have tried to dress it up as a good deal and they are gettin away without paying the premiums to new staff so over the comming years they [sainsurys] will save money from this deal."

New staff will not get sunday, unsociable hours and overtime premiums which are currently payed to staff.

The comany which had a pre tax profit of £194 million last year, way behind its main rival Tesco but still staff feel they are 'making sainsurys great again.' Justin King, Cheif exc., set a three year target of an additional 2.5billion sales since he took over. At the half way stage last Novemeber the company was on track achieveing and addiotnal 1.3 billion in the first 18 months.

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