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Sports Direct ranks low in staff pension payments

Sports Direct makes one of the lowest contributions to staff pensions in the FTSE 100.

Sports retailer Sports Direct, which is owned by Mike Ashley, paid £82 into each employee’s pension on average in 2014, according to research from option trading firm Banc De Binary and reported by The Telegraph. This compares with an average of £2,290 per employee for the FTSE 100 as a whole.

The retailer comes third in the list of lowest-paying companies in the FTSE 100, behind security company G4S and mining firm Antofagasta.

Sports Direct employs more than 15,000 people in the UK, but most employees are on controversial zero-hour contracts, which means staff are exempt from automatic enrolment in a pension scheme.

Sports Direct declined The Telegraph’s request for comment.

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