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Britain's Next cuts sick pay for unvaccinated staff forced to self-isolate

LONDON (Reuters) - British fashion retailer Next has cut sick pay for unvaccinated staff who must self-isolate due to exposure to COVID-19, it said on Thursday. "It's highly...
Britain's Next cuts sick pay for unvaccinated staff forced to self-isolate © Reuters. FILE PHOTO: A logo of clothing retailer Next is seen at a store in London, Britain, December 2, 2021. Picture taken December 2, 2021. REUTERS/May James

LONDON (Reuters) - British fashion retailer Next has cut sick pay for unvaccinated staff who must self-isolate due to exposure to COVID-19, it said on Thursday.

"It's highly emotive but we have to balance the needs of the business with those of workers and shareholders," said a spokesperson for the group.

He said unvaccinated workers who test positive will still receive Next's full rate of sick pay.

Next's move follows a similar one by furniture retailer Ikea.

Last month COVID rules in England were relaxed for people who have been vaccinated so they did not need to isolate if they were exposed to a positive case.

However, there was no change to the guidance for unvaccinated contacts of positive COVID-19 cases, who were still required to self-isolate for 10 days after their date of exposure to the virus.

Next's policy shift means unvaccinated workers required to isolate after being identified as a close contact of someone with COVID could receive as little as the Statutory Sick Pay minimum of 96.35 pounds ($132.43) a week.

British companies have so far steered clear of the tough stance taken by companies in the United States on their workers' vaccination status.

An increasing number of U.S. companies have been using vaccine requirements to protect employees and avoid operations being disrupted by mass staff absences.

Last week Next raised its full-year profit outlook for a fifth time in 10 months after beating guidance for sales in the run-up to Christmas

($1 = 0.7275 pounds)

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

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EUR/USD

1.0658

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GBP/USD

1.2475

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USD/JPY

157.91

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AUD/USD

0.6469

-0.0003 (-0.05%)

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USD/CAD

1.3780

+0.0003 (+0.03%)

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EUR/JPY

168.32

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0.9808

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2,295.80

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26.677

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4.5305

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4,920.55

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S&P 500

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FTSE 100

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US Small Cap 2000

1,973.05

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10,854.40

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27.35

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266.60

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
(0/ 0) # 1,510
SJC 1c, 2c, 5c7,380/ 7,550
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SJC 0,5c7,380/ 7,560
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SJC 99,99%7,370/ 7,470
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SJC 99%7,196/ 7,396
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RON 95-V25.44025.940
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EUR26.475,3627.949,19
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JPY156,74166,02
KRW15,9219,31
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