pay news and archive

#PayMeToo campaign aims to close gender pay gap in the UK

Wednesday, April 4th is the deadline given to all UK companies with more than 250 employees to publicly share the difference in average pay between their male and female employees. Thousands of companies have already responded and revealed the gender pay data including fashion retailers like Asos, Primark, Boohoo, Harrods, M&S, Zara, H&M and...

Business

Debenhams Sergio Bucher receives 1.3 million pound pay package for 2017

London - Debenhams reportedly paid its chief executive officer Sergio Bucher 1,3 million pounds during his first year on the job, as it faces slipping profits and increasing concerns over the difficult Christmas trading period. Bucher, who joined the team at the department store last October from Amazon Fashion Europe, was awarded nearly 900,000...

Fashion

Burberry justifies Bailey's 8 million pound pay package and potential 50 million pound share handout

British heritage label Burberry has defended its 8 million pound pay package for chief executive Christopher Bailey in its annual report, following strong opposition from shareholders last year. He could also be handed shares worth up to 50 million pounds from free handouts and shares from bonuses over the next coming years. Details of his...

Fashion

Warehouse strike ends at Barbour

British heritage label Barbour had managed to put an end to its employee strike at its Gateshead wares in Northern England, after negotiating changes concerning staff working contracts on Tuesday. Following discussions carried out at the conciliation service Acas, employees have agreed to accept Barbour's launch of a two-shift system at the...