MAY OUTLOOK

Friday, July 30th, 2010

Welcome to the May edition of Prudential Section Outlook. We give a brief update on our Fair Play for Fair Pay campaign which so many of you have signed up to. This edition also looks at some of the re-structures taking place across the business and gives you notice of some of the things we are doing during Learning at Work week (17 – 21st May) and first details of our 40th Anniversary event in July.

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FAIR PLAY ON FAIR PAY

Friday, July 30th, 2010

Unite Prudential Section have launched a Fair Play on Fair Pay campaign in Reading. It comes off the back of the 2010 pay review where a number of “effective” or better performers received no pay increase.
This is in part due to new rules introduced after the pay negotiations and pay ballot had been concluded, and the continuing use of market data to set pay.
Unite are already in discussions with HR Reward over these issues and our campaign is looking for 3 outcomes. These are :-
1. Effective performers who received no increase in April have their pay reviewed again in October.
2. Median data for all roles to be published on the Intranet
3. New rules capping pay for effective performers at the median to be removed for all future pay reviews.
Last week over 300 people signed up to support these proposals. We are now extending the campaign to other sites. If you support our proposals you can do 1 of three things:-
a) Complete one of the Unite postcards and return them in the Internal post to Unite Prudential Section, 8th Floor, Sheldon Square.
b) Sign the petitions.
c) Email Unite@Prudential stating your support
We hope we can demonstrate to the Company that our proposals have the widespread support of UK employees.

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2010 PGDS Pay Ballot Result

Wednesday, February 3rd, 2010

The 2010 PGDS Pay Ballot has now closed and the result is as follows:-
For 95%
Against 5%
Turnout 48%

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2010 UKIO Pay Ballot Result

Friday, January 29th, 2010

The 2010 UKIO Pay Ballot has now closed and the result is as follows:-
For 81.5%
Against 18.5%
Turnout 49%

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2010 PGDS Pay Ballot

Friday, January 29th, 2010

Unite are balloting it’s members in UKIO on the Company offer for the 2010 Salary Review. The full communcication is below.
The ballot runs from 26/1/10 until 5pm on 02/2/10.

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