Wilson PonBarclays Workers Might Be in Strike Ballot!
February 24th 2010 01:18
The turmoil in the financial market has putting many pension schemes into deficit. Barclay, as one of the major global financial services provider, which is having its headquarter in London, England, United Kingdom, has been in deep trouble, when they decided to shut its final-salary pension scheme to their existing 18,000 staffs!
The workers are pissed off with this decision and they will not tolerance with this unfair incident. As a result, the workers are seeking for help from the Unite Union to hold a ballot in the August, since 92 percent of the Barclays’ staffs want to be balloted on industrial action.
Meanwhile, John Varley, Barclays chief executive told their staffs in a letter, the bank’s pension fund deficit was in deep financial trouble. He mentioned that this is the best way to overcome the current situation!
For your information, the final-salary pension schemes are extremely important, as it promises to pay a retirement income, which is based on a percentage of your salary every year for the rest of your life, when you’re working for a company!
The workers are pissed off with this decision and they will not tolerance with this unfair incident. As a result, the workers are seeking for help from the Unite Union to hold a ballot in the August, since 92 percent of the Barclays’ staffs want to be balloted on industrial action.
Meanwhile, John Varley, Barclays chief executive told their staffs in a letter, the bank’s pension fund deficit was in deep financial trouble. He mentioned that this is the best way to overcome the current situation!
For your information, the final-salary pension schemes are extremely important, as it promises to pay a retirement income, which is based on a percentage of your salary every year for the rest of your life, when you’re working for a company!
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