Quote:
Originally Posted by nomadking
The disputes/strikes I don't fully understand are where things like, closure of final salary pension schemes to new employees and redundancy via natural wastage. None of the current employees are adversely affected by being out of pocket.
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The situation you describe would not trigger industrial unrest. I worked for a large company that regularly altered pension schemes and I and everyone else cared not at all that the later entrants were on lesser deals. New entrants knew what they were signing up for and accepted. Redundancy via natural wastage is commonly called retirement
. Nobody cares who does their job or if nobody does it after they leave a company.
Where strife is a near certainty is when new recruits are on a new lower salary structure, have lower cost pension deals and are seen as a replacement work force by higher cost incumbents. If the higher cost incumbents have a degree of certainty that their careers are going to be cut short and one way or another they will be forced out then trouble is afoot.