• Wealth Management
    & Employee Benefits:
    01225 334000
Request a call

Employee Benefits News

Latest News
06 Feb 2017

Zero-hours contracts scrapped at Homebase

Staff at retail chain Homebase will no longer have to accept zero-hour contracts, after new company owner Bunnings decided to scrap them for UK workforce, the Telegraph reports.

Australian DIY chain Bunnings bought Homebase last year for £340m. Along with plans to open at least five pilot stores by June this year and re-brand the existing 265 Homebase stores within the next five years, business leaders are also working on building a “strong culture within the company.”

This includes the removal of zero-hour contracts for all Homebase staff, as well as an overhaul of holiday entitlements and ‘use it or lose it´ restrictions.

Bunnings´ managing director in the UK and Ireland, Peter ‘PJ´ Davis, told the publication that they hope to engage staff in their work, and provide more training and development opportunities to support employee satisfaction and retention.

Since taking over the home improvement retailer, Bunnings has already introduced the national living wage for all workers over the age of 18 – an advancement on the Government´s policy which only applies to those aged 25 and older.

Commenting on this decision, which has led to an average £555 pay rise for all 12,000 store staff, Mr Davis stated: “It´s costing us more but we thought it was a fairer way of distinguishing between staff.”

The changes are likely to increase the pressure on rival B&Q owner Kingfisher, which has been criticised for balancing national living wage costs by axing staff benefits and overtime pay.

Copyright M2 Bespoke 2017

Request a call


Thank you for your request. We will be in contact as soon as possible.