skip_previous play_arrow skip_next
00:00 00:00
  • cover play_arrow

    Rother Radio (128k) Love Local, Love Music!

  • cover play_arrow

    Rother Radio (64K) Love Local, Love Music!

  • cover play_arrow

    Hit Music Radio (128K) More Music Variety!

  • cover play_arrow

    Hit Music Radio (64K) The Best Variety of Hits!

Business News

Next slashes sick pay for unvaccinated staff who are self-isolating


share close

Next has become the latest big corporate name to take issue with unvaccinated staff as the Omicron variant of COVID-19 pushes up absence rates.

The fashion-to-homewares retailer said on Thursday sick pay for unvaccinated staff who must self-isolate could be cut to the Statutory Sick Pay minimum rate of £96.35 a week.

The company stressed that unvaccinated workers who test positive for COVID would still receive its full rate of sick pay.

Next said that it expected pent-up demand for fashion to tail off
Image: Next reported last week that it was to raise prices to help account for a leap in costs

A spokesperson said: “It’s highly emotive but we have to balance the needs of the business with those of workers and shareholders.”

Next’s move follows a similar one by furniture retailer Ikea and signals a growing shift towards such policies in Europe which have been more prevalent in the United States.

Many US companies have been using vaccine requirements to protect employees and avoid operations being disrupted by mass staff absences.

Why is Next doing this?

More from Business

The firm is looking for ways to cut its cost base.

It warned last week that it saw prices rising by up to 6% to help account for a leap in its own bills.

The company put the blame partly on labour shortages pushing up wage demands.

Other factors included rising shipping and raw material costs.

 Sky News

© Sky News 2021

Written by: Rother Radio News

Previous post

Business News

Poundstretcher owner to explore sale in wake of ‘hugely successful’ restructuring

The owner of one of Britain’s biggest discount retailers is to begin exploring a possible sale of the business 18 months after he struck a "hugely successful" rescue deal.Sky News understands that Poundstretcher's controlling shareholder, Aziz Tayub, has retained bankers at Rothschild to examine plans that could involve bringing in new investors. City sources said a timetable for any process had yet to be decided, and cautioned that any transaction […]