Thousands of Tesco staff have been forced to take a large real-terms pay cut as the supermarket puts a squeeze on store managers while offering bigger wage rises for lower-paid workers.
In the latest pay battle amid the cost of living crisis, the retailer’s team managers, who earn about £30,000 a year, say they have received as little as a 3% pay rise. The official rate of inflation is close to 10%, and expected to hit 11% this month.
The managers, about 6,500 of whom oversee shop-floor staff, say the real-terms cut in their salaries has come as they have seen a big increase in their workload after being asked to manage many more people because of job cuts.
Source: The Guardian
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