Thousands of Marks & Spencer employees could face losing their jobs if they refuse to agree to proposed changed to their pay and pensions, an MP has warned.
According to The Guardian, Labour MP Siobhain McDonagh said that a leaked internal document, headlined “pay and pension changes” indicated that M&S was prepared to cut jobs for in-store staff who refused to sign up to the new terms.
The document refers to a “collective consultation for dissenters if required”, which is timetabled to run from 14 November to 19 December. However, a spokesperson for M&S told The Guardian that, “The company has no intention that anyone would leave as a result of these changes. The changes, which will take effect from April, will reward our people in a fair and consistent way, simplify and modernise our business and make our colleagues amongst the highest paid in UK retail. Nobody need be worse off and the vast majority will receive higher total pay.”
M&S CEO Steve Rowe has faced criticism after announcing changes to the M&S pay and pensions scheme, and has faced calls from MPs to abandon the changes, for fear that they could leave workers worse off. The changes were confirmed on 2 September and include changes to customer assistant pay, as well as changes to Sunday working premiums.