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- Rangers run into the ground as furious HMRC battles to claw back tax
- Broken Rangers: Club signals intention to go into administration
- Rangers: ‘Crisis will soon be over and Rangers FC will survive’
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- Scottish independence: David Cameron offers a deal to reject independence
- Scottish independence: David Cameron offers a deal to reject independence
- Devo-max merely a dodgy back-up plan to save SNP, says Jim Sillars
- Scottish independence: No breakthrough in talks between Alex Salmond and Michael Moore
- The Rumour Mill: Thursday’s football news and gossip
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Saturday 18 February 2012
Today
Cloudy
Temperature: -2 C to 6 C
Wind Speed: 26 mph
Wind direction: West
Tomorrow
Sunny spells
Temperature: 2 C to 5 C
Wind Speed: 14 mph
Wind direction: West
