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Tesco Faces Equal-Pay Case That Seeks Up to $5.6 Billion [Bloomberg Business News]

ROYAL DUTCH SHELL (RDS.B)  More Company Research Source: Bloomberg Business News
US:NYSE Investor Relations: shell.com/investors.html
PDF As the U.K. forces companies to disclose the gap between men’s and women’s pay, the country’s biggest private employer is confronted with a massive demand from workers feeling short-changed. Supermarket chain Tesco Plc has been presented with claims that law firm Leigh Day says could eventually total as much as 4 billion pounds ($5.6 billion). The firm contends that female shop-floor workers are unfairly paid less than their male counterparts in warehouses and says more than 200,000 workers could be entitled to compensation. “There really should be no argument that workers in stores, compared to those working in distribution centers, contribute at least equal value to the vast profits made by Tesco,” Leigh Day lawyer Paula Lee said. Tesco said it hadn’t received the claims. The demands come as the U.K. implements new rules requiring any company employing more than 250 people to disclose the disparity in pay between men and women by April. Tesco is particula [Read more]

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