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Iceland: 2.7% increase
Key details
Pay award: basic
increase of 2.7%
Employees covered
(nos.): store employees (14,149); assistant managers (281); store supervisors
(1,886); home delivery drivers (1,094); head office bands 1 and 2 (580)
Effective date: 1 April 2004
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Supermarket retailer Iceland
has awarded around 18,000 staff a basic pay rise of 2.7%, effective from 1 April 2004. Management staff and store managers received a performance-related
increase from a 2.7% pot payable in July 2004.
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