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CKA Uber
CKA Uber
 Vancouver Canucks
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Posts: 30650
PostPosted: Sat Apr 02, 2016 12:41 am
 


Title: UK employers fight back over George Osborne's living wage as BandQ begins cuts
Category: Business
Posted By: martin14
Date: 2016-04-02 00:37:22


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CKA Uber
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 Montreal Canadiens
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PostPosted: Sat Apr 02, 2016 12:41 am
 


B & Q is the UK version of the Home Depot.

Arbitrarily raising the minimum wage, what could possibly go wrong ?



$1:
It came as experts warned the living wage will lead to higher prices for shoppers and an explosion of self-service tills as retailers try to keep costs under control.


$1:
Thousands of workers at B&Q face being sacked if they refuse to sign a new contract as the owner of the DIY giant introduces harsh new measures in response to Mr Osborne's new living wage.

As a result of the new rate, B&Q owner Kingfisher has demanded employees sign away rights to a range of work-related benefits worth more than £1,000 a year.

Under the new terms workers will no longer be paid double time 'premium' pay for working Sundays and bank holidays and they will have their summer and winter bonuses cut.

Other benefits, such as additional allowances for living in London and other high-cost areas, will be lost.


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