AXA pay talks start

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

11 thoughts on “AXA pay talks start

    • @Carla – surely both would be better! 🙂 Seriously the company did not want to do this as it is an admin nightmare and extremely costly to process.

  1. LAST YEAR LEVEL 5 WERE NOT GIVEN A PAY RISE THERREFORE THAT IS SOMETHING THAT NEEDS TO BE ADDRESSED FOR 2011 NEGOTIATIONS

    • @Laura – unfortunately the recognition agreement only covers grade 6a to 9 so we can only negotiate for this bargaining unit. Any input on the pay review for managerial grades needs to be sent to the management forum.

  2. I think the company need to appreciate the challenges being faced by employees with ever increasing fuel, utility & food costs. Although, I expect they will roll out the same old line that times are hard and we all need to tighten our belts. In real terms staff are worse off. I would like to see a realistic pay rise. A bonus would be nice to have as well, but the aboslute minimum should be a pay rise linked to inflation.

    • @Judith – it may be the “same old line” but the fact remains AXA UK does not bring in the level of profitability expected by the shareholder and needs to start doing so (the Capita outsource and Friends sale are evidence of this). Pay is a cost item and when colleagues are losing their jobs to satisfy the need to cut costs a degree of pragmatism may be needed. Of course we’d all like and RPI plus pay rise but I would envisage that to be unrealistic whether in AXA or elsewhere.

  3. I would be hopeful the negotiation team would be doing a good job and getting us both a rise and a bonus this year, however, it is understandable it isnt going to match inflation so people need to be realistic.

    Hey aren’t we lucky to have jobs? 🙂

  4. My concern is that the level of inflation is expected to rise over the coming months to above 4%. I really do not think that this level of pay pot is unfair with the hard work put in remaining employees.

    I also think people should be given the option of a pay rise or bonus again. Whilst it may cost the Company more money now it saves them money in the longer term.

    • @Paul – RPI is currently 4.7% but no one is giving pay awards anywhere near that (and that includes companies performing better. The company do not like the pay or bonus choice, they were reluctant last year and it does expose them to possible discrimination challenges over equal pay.

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