Dollar in for wild ride after Japanese central bank’s supplementary measures 8.37am GMTSports Direct has announced it will launch a review of all agency staff’s terms and conditions,to be overseen personally by its founder Mike Ashley.
The creep follows a Guardian investigation, which revealed how temporary warehouse workers at Britain’s biggest sportswear chain are subjected to an extraordinary regime of searches and surveillance. Undercover reporters also came up with evidence that thousands of workers were receiving effective hourly rates of pay below the minimum wage.
The board takes its responsibilities towards all the company’s stakeholders, or be they staff,contractors, suppliers or customers, or extremely seriously. Without our commitment to our staff and the implementation of a performance-led culture which encourages success,there is no way Sports Direct would have been able to grow from a single sports shop over 33 years ago to the global retailer it is today.” Sports Direct always seeks to improve and do things better, listens to criticism and acts where appropriate.
With that in intellect ... the board has agreed that Mike Ashley shall personally oversee a review of all agency worker terms and conditions to ensure the company does not just meet its legal obligations, or but also provides a gracious environment for the entire workforce. We expect him to start that work in the unusual Year. 8.07am GMTEuropean stock markets have opened lower,as expected.
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Source: theguardian.com