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Originally Posted by Gavin-D
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As I understand it, there are 800 employees at risk, and 500 will go.
VR is on offer. Any affected employees also have the opportunity to put forward a "counter proposal"
In a departure from usual procedure, the whole thing has been devised and managed by consultants, Deloitte and consultations for affected employees are being undertaken again by 3rd parties brought in from outside the company.
The salary issue is dodgy, the annual salary review is usually announced by the end of the financial year. But VMO2 dragged their heels and finally put forward their proposal in May in a very convoluted presentation (which was basically everybody gets £2,000, so a good % increase for lower salaries, diminishing as you go up the pay scale).
But instead of then awarding the increase in May's pay, backdated 1 month. They advised that the new pay will start in August's pay, and there will be a one off payment of £400 in June, because of having to wait, but the payment in August will not be backdated. (which many pointed out is less than they would have got with backdated pay. They explained the reasoning behind this really strange arrangement with a load baloney.
Then low and behold, they announce these redundancies the outcome of which will be resolved by August, meaning than all those taking VR or being made redundant will not benefit from the new salary in their compensation packages as they would have done had they been paid the new salaries in May.
Recently they had the brass neck to stand in front of everyone and take the whole workforce for fools and say that this was all just a coincidence!