Harrods staff fear pay cut under plans to overhaul sales commissions

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Harriet Dennys For The Mail On Sunday

Employees at Harrods fear their pay could be cut under plans to overhaul sales commissions.

Managers have been holding meetings with staff. A source at the luxury store said commissions are to be cut by 25 per cent from May, and workers stand to lose out on thousands of pounds a year. 

Harrods declined to provide details but said it wanted commission and bonus schemes to ‘reflect future business requirements’, with rewards linked to performance.

Famous: The store in Knightsbridge, West London

Famous: The store in Knightsbridge, West London

Famous: The store in Knightsbridge, West London

It said bonuses will be ‘variable’ but total earnings of most employees will be ‘broadly in line’ with last year.

Group pre-tax profits last year rose £39million to £152million. 

Harrods has wooed Chinese shoppers, hiring 200 Mandarin speakers. It says a fifth of spending by Chinese visitors to Britain takes place in the store.

 

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