Mary Creagh

Working hard for Wakefield

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M&S: protect pay for long-serving staff

Mary has called on retail giant Marks and Spencer to reverse its plans to cut the pay of long standing staff to foot the bill for the Government’s increase in the National Minimum Wage.

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Marks and Spencer is a well-respected brand and employs tens of thousands of workers across the country, including 96 staff in Wakefield’s Kirkgate store. However, the company has proposed several changes to employee terms and conditions that will see thousands of long-serving workers lose out.

The changes include cutting Sunday premium, cutting Bank Holiday premium, limiting 'unsocial' hours, and scrapping the existing pension scheme.

2,700 employees will be lose at least £1,000 per year as a result of the company's proposals, and at least 700 will lose at least £2,000 per year.

The pensions of 11,000 Marks and Spencer staff will also be hit after the company proposed closing the final salary pension scheme to new contributions. Under the proposals, existing members would be moved to a scheme which does not guarantee a set pension on retirement.

Labour MP Siobhain McDonagh has launched a petition calling on Marks and Spencer to think again and scrap the proposals.

Mary Creagh MP is calling on people in Wakefield to sign the petition: “This is a huge blow to 11,000 of M&S’s most loyal employees, with over 14 years service, and I call on the company to think again. Loyal staff should not be footing the bill to increase the National Minimum Wage for their colleagues, taking home less next year than they do this year. I urge all affected staff to get in touch and I encourage everyone to sign the petition.”

Click here to add your name to the petition.

Do you work at M&S? Would the proposed changes affect you? If so, please email mary[at]marycreagh.co.uk.

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published this page in News 2016-08-03 14:50:42 +0100

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