Pay rise for Sainsbury's boss
THE boss of supermarket giant Sainsbury's has been awarded a 3.2 per cent pay rise for the current financial year.
The firm said in its annual report that Justin King will receive a 900,000 basic salary in 2009-10, compared with the previous year's 872,000. It said that the pay rise was "market-aligned" and consistent with the pay rises awarded to other staff and the wider management team.
Finance director Darren Shapland was awarded a 9.2 per cent pay rise to 560,000 in recognition of an expansion of the number of areas covered within his role.
The annual report also showed that executive directors were awarded a bonus ranging from between 63 per cent and 66 per cent of their salary after the company enjoyed "a strong year financially".
Email to a friend
Print this page- Alistair Darling leads ‘No to independence’ fight over tea and biscuits
- Hearts celebrate as Hibs lick their wounds - Full Scottish Cup round up
- Scottish Cup final: The talk of the toon are the Hearts in maroon
- Man dies after Crags plunge
- Paulo Sergio left in limbo as Vladimir Romanov flies out before party
- Alistair Darling leads ‘No to independence’ fight over tea and biscuits
- Today’s youth not fit to be employed, says car firm Arnold Clark
- The Rumour Mill: Monday’s football news and gossip
- Paulo Sergio left in limbo as Vladimir Romanov flies out before party
- Anti-bigotry law fails to protect England fans
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Tuesday 22 May 2012
Today
Sunny spells
Temperature: 8 C to 21 C
Wind Speed: 9 mph
Wind direction: North east
Tomorrow
Sunny spells
Temperature: 12 C to 22 C
Wind Speed: 10 mph
Wind direction: North east
