June 13, 2021, 23:18

    Outrage at Sainsbury’s CEO’s £1.3million payout as staff face fire and rehire ‘disease’

    Outrage at Sainsbury’s CEO’s £1.3million payout as staff face fire and rehire ‘disease’

    Sainsbury’s has been slammed for handing its boss £1.3million while hundreds of workers face big pay cuts under a fire and rehire plan.

    The package for new chief executive Simon Roberts incl­uded £673,000 in salary for nine months and a £583,000 bonus.

    The payout, revealed in Sainsbury’s annual report, comes as nearly 700 staff at its Argos arm have been told to sign new contracts or face the chop.

    The replacement deal will leave some of the workers thousands of pounds a year worse off.

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    Matt Draper, national officer at the Unite union, said: “Customers will be horrified that Simon Roberts got a £1.3million pay packet while allowing the fire and rehire disease to rip through the Argos network.”

    Proposed changes include cutting empl­oyer pension contributions. Staff will also get up to four fewer days of annual holiday.

    Sainsbury’s said Mr Roberts, 50, waived a £1m annual bonus.

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    Sainsbury's said it wants its terms to be 'fair'
    (Image: PA)

    The firm added the £583,000 bonus he got dated back to a previous role at Sainsbury’s and his £875,000 annual salary is 25% less than his predecessor’s.

    Bosses also said more than 80% of Argos workers affected by the changes have signed the new contract.

    Sainsbury’s, which bought Argos in 2016, said some staff “remain on legacy Argos contracts”.

    It added: “We want our terms and conditions to be fair, cons­istent and competitive for everyone.”

    The Mirror launched our Stop the Fire and Rehire Scandal campaign after the use of the tactic by other firms.

    Sourse: mirror.co.uk

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