28-02-2012, 11:31
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#47
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Permanently Banned
Join Date: Oct 2011
Location: Radio Cairo, Hampstead, London
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Posts: 2,937
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Re: Pay frozen for third year running
Quote:
Originally Posted by Hugh
And how are all those industries that had strong unions, such as British Leyland, mining, steel, etc?
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That was caused by underinvestment, high energy prices and the decline of Britain's power!!! 
---------- Post added at 12:31 ---------- Previous post was at 12:23 ----------
Quote:
Originally Posted by Pierre
Ballcocks,
The company isn't in a position to award a pay increase, it needs to keep it's cash reserves at an appropriate level and it is also investing heavily in it infrastructure to enable it to keep competeing in the future.
If there was a union that tried to impose a pay award, it would weaken the company and would probably damage the company and affect its ability to compete and make profits which would result in job losses or worse.
People such as yourself really wind me up, you have no clue.
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So why some companies are giving out large dividends then, also the government should be investing into the economy!
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