[UK] U-turn from Phillip Green’s Arcadia over redundancy salaries

Sir Philip Green’s Arcadia Group has reversed its controversial decision to give some of its employees as little as 50 per cent of their notice pay. Arcadia has now announced full payouts for head office staff facing redundancy. The fashion group’s high street brands include Dorothy Perkins, Topshop and Topman. The latest announcement affects around 300 head office workers.

A company spokesperson apologised to those impacted by the uncertainty. In a statement, Arcadia said, “We recently implemented a policy for those employees who are working their notice on furlough to receive their furlough pay instead of their full pay. We got this decision wrong and the Board has today amended this policy to ensure all affected employees will receive their full pay. They will be notified of this decision immediately.” 

Yahoo! Finance has further details of the story and a response from Unite, the union which threatened legal action over Arcadia’s original decision.

Sir Philip Green’s Arcadia Group has reversed its controversial decision to give some of its employees as little as 50 per cent of their notice pay. Arcadia has now announced full payouts for head office staff facing redundancy. The fashion group’s high street brands include Dorothy Perkins, Topshop and Topman. The latest announcement affects around 300 head office workers.

A company spokesperson apologised to those impacted by the uncertainty. In a statement, Arcadia said, “We recently implemented a policy for those employees who are working their notice on furlough to receive their furlough pay instead of their full pay. We got this decision wrong and the Board has today amended this policy to ensure all affected employees will receive their full pay. They will be notified of this decision immediately.” 

Yahoo! Finance has further details of the story and a response from Unite, the union which threatened legal action over Arcadia’s original decision.