Burberry has vowed to maintain base pay for all its employees unable to work remotely, and slashed top bosses’ salaries by 20 percent for the April-to-June period.
The company is also pushing back its 2019-20 results announcement to May 22 from May 14 in order to accommodate auditors who are currently overwhelmed by work during the crisis.
Since the outbreak of COVID-19, the company’s priority has been the safety and wellbeing of its employees, customers and communities.
The company has temporarily closed its retail stores, and turned over its Yorkshire trench coat factory to the production of personal protection equipment, or PPE, for medical and care workers.
Burberry will maintain base pay for all employees who are unable to fulfill their roles because of store or site closures, and it will not rely on government support for jobs in the U.K., where more than a third of its employees are based.
