Archive for Pay 2011

Where did the money go?

Click here to read the latest Unite in AXA newsletter on the discretionary 1% element of the 2011 pay claim.

Please leave your feedback below or talk to your local union rep.

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2011 pay ballot result

On an 81.32% return of ballot papers issued, the result of the AXA UK 2011 pay ballot is:

For: 84.12%

Against: 15.54%

Spoilt: 0.34%

The company has been advised of the result.

Thanks to everyone who voted and the local union reps for the hard work put in running the ballots in their offices.

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2011 UK pay ballot

The 2011 AXA UK pay ballot is now underway and we urge all Unite in AXA members in the bargaining unit to exercise their right to vote.

If you are a member on a site which has not elected a local representative you will need to contact a rep at a nearby site to obtain a voting slip. A list of reps can be found here.

The ballot closes 2pm on Friday 18th February.

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AXA UK pay offer goes to vote

Click here to read the latest Unite in AXA newsletter on the 2011 pay offer. Please leave your feedback below or talk to your local union rep.

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Pay 2011 – joint statement by AXA UK and Unite

We are pleased to announce we have reached an agreement on the following pay proposal for employees in levels 6a to 9:

  • A pay increase based on a 2% pay matrix. Plus
  • A 1% discretionary spend, the focus of which will be determined by each CEO with their HR teams to target anomalies and key problem areas.

Overall, this equates to 3% of the total pay spend for this group of employees.

Unite will recommend this pay review to their members for acceptance in the forthcoming pay ballot which will take place from Monday 7 February until Friday 19 February.

PAY MATRIX

The following matrix will be used to award pay increases for all employees in level 6a to 9:

Position in Pay Range

Performance rating

Low

(80% – 95%)

Medium

(95% – 105%)

High

(105% – 120%)

Above

(120% plus)

Outstanding

3.75% – 5.25%

3.00% – 4.50%

1.75% – 3.25%

1.75% – 3.25%

Excellent

2.75% – 4.25%

2.00% – 3.50%

1.00% – 2.50%

1.00% – 2.50%

Successful

1.75% – 3.25%

1.25% – 2.75%

0.25% – 1.75%

0.25% – 1.75%

□   This matrix has an element of manager discretion but any adjustments up have to be balanced with movements down – this is necessary to ensure this is affordable for the business.

□   It had been previously agreed for those employees Above the pay range (i.e. where their FTE Salary is over the maximum of the pay range) every third year a pay award based upon the maximum salary for their pay range will be made (i.e. rather than a Lump Sum award)

□   No pay award will be available for Partially Successful performance – but when performance is back to a sustained Successful level of performance a pay award can be made at that time (not backdated) based on this pay matrix. Bonus awards can be made to Partially Successful employees on a discretionary basis as normal.

□   There will be no changes to the pay ranges for 2011.

Lucinda Charles-Jones

Interim Group HR Director

Bernadette Fisher

Unite Regional Officer

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