By Alistair Farrow
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M&S workers face pay and pensions cut

This article is over 5 years, 6 months old
Issue 2510
Marks and Spencer
Marks and Spencer (Pic: Flickr/wwphotos)

Workers at Marks and Spencer are facing a cut of some £1,000 per year in a new contract deal.

The deal cuts pay for Sundays, bank holidays and anti-social hours for over 2,500 workers.

It also slashes pensions for over 7,000 workers and forces new starters onto zero hours contracts.

One worker told Socialist Worker that bosses are trying to encourage new workers to take the deal by offering a higher hourly rate.

“We don’t get the same benefits as people who have been here longer,” she said. “The new deal means that we’ll get an extra £2 an hour.”

The company has also threatened workers with the sack if they don’t accept the new contracts.

Marks and Spencer worker Matt told Socialist Worker that the attacks are aimed at older workers.

“For staff who have been here longer it means quite a big pay cut.

“Some people I know are set to lose almost £2,000 a year.”

The company is offering workers different levels of compensation. But these mean that some people will get a one-off payment of £500 while losing more than that every year.

The Usdaw union’s response has been to beg Marks and Spencer to negotiate.

Dave Gill, the union’s national officer, said, “The company is threatening to sack any staff who do not accept the contractual changes.

“We urge the company to get round the table and engage with us. M&S staff need a voice.”

Marks and Spencer bosses won’t get round the table if this is the extent of the union’s strategy.

The company has made up its mind and only organisation and action can beat the bosses back.

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