Archive for the ‘Pru Section news’ Category
PruSection News – May
Thursday, May 28th, 2015
The latest editions of PruSection News are now available by following the links below.
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PruSection News – April
Friday, May 1st, 2015
The latest editions of PruSection News are now available by following the links below.
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March PruSection News available
Friday, March 27th, 2015
The latest editions of Pru Section News are now available by following the links below.
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PGDS Members Accept Revised Pay Offer
Friday, February 20th, 2015
PGDS members have voted to accept a revised offer from the Company for the 2015 Pay Review.
52% of members voted to reject the original offer of a 3% pay pot but with no guarantees or assurances on how the pot was to be distrbuted.
Further talks were held as members held firm on demanding a minimum 2% increase for those within the market median range and rated successful or higher.
During the talks the Company were able to provide Unite the guarantee members wanted which enabled a new ballot to take place.
In the new ballot 92% of members voted in favour of the new offer, 8% rejected with a 54% turnout.
Steve O’Donnell, Senior Rep stated “Unite members can no longer accept the concept of merit pots with no rules around how they are to be distributed. The time has come for profitable organisations to guarantee employees that if they do their job they will be recieve a minimum increase negotiated by the union”.
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PGDS Members Voting on Pay Offer
Wednesday, February 4th, 2015
PGDS members are currently voting on a Pay Offer from the Company.
The offer is a 3% pay pot.
Unite are not recommending acceptance of the offer as it fails to deliver a minimum increase of 2% for our members.
Steve O’Donnell, Senior Rep, stated “although a 3% pot will be at the top end of settlements in the Finance Sector the way PGDS want to distribute the pot means a large number of our members will receive less than RPI. Last year over a third of members received less than RPI on a similar pot and distribution method.”
He continued “In our pre claim survey 90% of our members said that they wanted a settlement which gave them a minimum RPI increase. We believe PGDS could deliver this within the 3% pot but refuses to do so for ideological reasons. As a result we cant recommend this offer to our members”.
It is up to PGDS members to decide whether to accept the offer or not.
The ballot closes at midday on 6th February.
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