Tesco’s £4bn equal pay row, UK loses workers to jobs overseas, and more top news
Over 250,000 Tesco workers could be impacted by equal pay claim. (Photo credit: BEN STANSALL / Contributor)

Tesco’s £4bn equal pay row, UK loses workers to jobs overseas, and more top news

The news professionals are talking about now, curated by LinkedIn’s editors. Join the conversation on today's stories in the comments.

Tesco could face a £4bn bill as 1,000 workers launch a legal battle against the supermarket over equal pay. Tesco shop-floor staff, who are predominantly female, claim they earn up to £3 an hour less than mostly male Tesco warehouse workers in similar roles – equal to around £5,000 per year. Over 250,000 Tesco employees could be affected by the claim, which could cost the supermarket up to £20,000 per worker in back-pay. Rival supermarkets Sainsbury’s and Asda are both facing similar cases.

Also: The 12 top earners on the BBC’s latest salary rankings are all men. The 2017-2018 pay figures showed that although women were set to make up 40% of presenters paid more than £150,000, only two women featured among the top 20 earners.

The UK continues to lose workers to jobs overseas in the wake of the EU referendum. That's according to the latest LinkedIn Workforce Report, which reveals nine out of the UK's 12 regions lost more talent overseas than they gained during May. The report also shows the rate of hiring in the UK fell by 5% in May, with London and the South East experiencing the largest declines. Finance and manufacturing were the weakest performing sectors, with hiring falling 12% and 8%, respectively.

Ryanair has been forced to cancel 30 flights as the airline faces its first day of industrial action. Ryanair has cancelled 10% of flights today as Dublin-based pilots hold a 24-hour strike. The dispute relates to holiday leave and arrangements for transferring crew between European bases. While today’s walkout impacts only flights between Ireland and the UK, Ryanair is also facing strike action in Spain, Portugal, Italy and Belgium later this month.

Britain’s high street woes continue with news that retailer DFS is expecting full-year earnings to be lower than last year. The furniture retailer has blamed “exceptionally hot weather” that led to “significantly lower than expected order intake”. Meanwhile, online retailer Asos has warned full-year sales growth will be at the “lower end” of expectations. The forecast comes despite Asos logging another double-digit jump in sales, rising 22% in the four months to the end of June. In May, the British Retail Consortium warned of the sharpest decline in retail sales in the country since 1995.

Reality TV star and cosmetics entrepreneur Kylie Jenner is on track to become the world's youngest billionaire, beating Facebook founder Mark Zuckerberg who became a billionaire at 23. The 20-year-old has built a $900m (£680m) fortune in under three years and has been named on Forbes' list of America’s richest self-made women. Back in May the Times unveiled its UK Rich List, featuring a record 141 women, up from nine in 1989 ? Here’s what people are saying.

Idea of the Day: While job seeking, share examples of your best work with potential employers so they can accurately assess your ability to do the job, advises McKinsey global director Keith McNulty.

“There is nothing more compelling to an employer than seeing cold hard proof that you do good work.”

What's your take? Join the conversations on today's stories in the comments.

Natalie MacDonald

Ray Tommy Pringle

Entrepreneur still caring.

6 年

You know, is anyone really shocked, when these well established names get complacent, they take their eye of the ball, so to speak.Probably been rumblings from the staff for months,The greed for money must have overtaken them,Noway Tesco no staff , no profits, any fool knows listen to your workers . Keep them happy at all costs. Gain their loyalty and watch the profits get larger.Remember though, big is not always beautiful, it is only more to worry about. Small and managable,that is the mistake a lot of bankrupt firms in Britain has made. When the right hand doesn't know what the left hand is doing, that's the beginning of the end.

回复
Azhar Dildar

Branch Manager at Post Office Paddington

6 年

When you treat differently,be ready for the financial penalties

回复

要查看或添加评论,请登录

LinkedIn Daily Rundown (UK)的更多文章

社区洞察

其他会员也浏览了