The news about BT’s pay freeze will not surprise many as BT has a long history of playing fast and lose with pay schemes – the unnamed the company says:
“This is not a decision we have taken lightly. We have carefully considered the current economic conditions, the pressures the business faces, the UK’s Retail Price Index (RPI), and concluded that it is the right thing to do.”
They even have the cynical cheek to say that BT “BT has awarded pay increases in line, or above, the Retail Price Index (RPI)”
Sorry was that in some alternate time line? As the PRP Pay scheme has not given a COLA pay rise for the vast majority of the Professionals who work for BT in decades! and that’s not to mention the “secret” meetings where peoples performance markings where fiddled.
This is a cynical exercise by a company that is blaming the down turn to Frack over its long suffering staff. Will they be clawing back the bonuses of those senior board members who sold off the Companies property assets or who decided on the fiasco that was concert.
Its ironic that BT was always “Frit” of pissing off all of its staff at the same time managing to seriously piss off the CWU and Management Grades at the same time has some interesting consequences Conference will be interesting this year.
One does wonder if XXX has had a hand in this new policy.
if this was the afore mentioned alternate time line Rasd-Codurersa Diziet Embless Sma da’ Marenhide will be offering me a Job shortly 🙂