Axel AntoniNov 18, 2022

Instead of paying its workers #inflation matching wages #Tesco is offering its staff pay-day-loans up to 25% of their monthly salaries "against a small fee".

"Tesco said that would help staff avoid taking on expensive debt with high interest payment[...]."

via The Telegraph

#CostOfLivingCrisis

Show threadMyles Gallagher
@axantoni this was like Coal Towns in American Appalachia. The company store charged more for goods than the miners were making so they wound up indebted to their employers. A nasty situation whenever and wherever it arises.
Nov 18, 2022 at 2:37pmMastodon for iOS