Archive for the ‘Pru Section news’ Category
Senior Reps Blog
Monday, February 8th, 2016
We have introduced a new feature to the website this year. Each month Steve O’Donnell, Prudential Section Senior Rep will write a blog updating members on what the Section have been doing that month.
You will find a new menu option at the top of the screen, and the months blog will be listed on that page.
The January 2016 blog has been posted and you can find it by clicking the link below.
If you want to comment on the blog please do so, it will be great to hear from our members on the work we are doing on your behalf.
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Corporate Property Pay Ballot Open
Thursday, February 4th, 2016
Members in our Corporate Property bargaining are currently voting on the pay offer for the 2016 pay review.
The offer is a 3% pay pot and all employees who are rated “effective” and above our eligible for an increase.
Unite are recommending members accept the offer.
Senior Rep, Steve O’Donnell, said “In the Unite Pay Survey over 60% of members wanted a settlement between 2 – 3%. They also wanted everyone to be eligible providing they had met the minimum requirements of the role. In previous years Corporate Property would exclude employees who were above the “pay range” from the process. We believe this was contradictory to the people policy or driving high performance as there was no incentive to perform if you were over the “pay range”.
We are pleased that Corporate Property have recognised this and removed this eligibility criteria.”
The ballot closes midday on Friday 12th February.
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UKIO Members Vote to Accept Pay Offer
Friday, January 22nd, 2016
Members have voted to accept the UKIO Pay Offer following a ballot of Unite members in UKIO.
The offer was:-
- 3% Merit Pot – with agreed distribution guidelines for managers, which will result in individuals rated 3 or higher and who are within their salary range receiving a minimum 2% increase
- Minimum FTE Income of £17,117 (equivalent of London Living Wage) for employees regardless of location
- Budget of 0.5% for “out of cycle” increases
As part of the agreement a process that will enable members to find out exactly where they sit on their salary scale was agreed which is a step forward in Unite’s campaign for pay transparency.
It was also agreed that Unite and the business would meet quarterly to discuss other items relating to terms and conditions that Unite and the Company want to table.
Unite have already asked for a review of the On-Call Allowances/Payments, an increase in the allowance for eye-tests and glasses and the introduction of a Carers Policy.
The first meeting will take place in April.
The result of the ballot was:-
Accept the offer 91%
Reject the offer 9%
Turnout 47%
The increases will be effective from 1st April 2016
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Qualifications Presented by Mayor of Reading
Thursday, November 19th, 2015
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Annual Pay Survey
Monday, November 9th, 2015
The Annual Prudential Pay Survey is currently open and closes at 5pm on Tuesday 10th November.
If you have not received a link to the Survey and you are a member of the Prudential Section please email Unite@prudential.co.uk
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