RE: RE: Dynamofc. Re: The South West is covered by diesels. (?!)13 Jul 2022 11:04
@Numnut, Your post is clear and concise, basically telling it like it is without embellishment. However I can't agree with the proposition regarding shareholders funds. In the same way that some posties held the free shares others didn't, a percentage spent the money on pleasure.
Some shareholders invested because they needed the difference between low bank interest and expected dividend. Now they are possibly at wits end when considering the reduced capital. Fact is of course that society is made up of the haves and have nots.
So when an RMG employee fills the discussion board with anti shareholder rhetoric. It tends to "get backs up"
I believe what has happened during pay negotiation is quite similar. The unrealistic approach by the CWU is seen as a threat by the board and they have moved to show they will not be intimidated.
I agree 2% should be improved upon. From memory the CEO had a salary increase of 3.5% Staff should receive the same 3.5% increase.