Pay 2012 what do you think?

We will be commencing the 2012 pay negotiations with AXA at the end of November. Make sure you provide your views to your local union rep or post it here so we can take it into account.

13 thoughts on “Pay 2012 what do you think?

  1. Hi there,

    I hope that there is a decent payrise this time because in the 3 years since I started at AXA I have been advised that due to the currect economic environment we are lucky to have a job but I am busier then ever and AXA are winning business insurance contracts with Santander, Tesco and HSBC which are very big clients.

  2. As we had no pay rise in 2010 and a very small rise below inflation in 2011, and we are being asked to work harder with staff not being replaced, I think is is about time we had a decent rise which should be above inflation and will help with the expense in the large increase in the cost of living for basics such as food, energy and fuel for all employees.

  3. It seems to have become the norm for pay rises to come in below inflation and for this to be justifiable due to the economic climate. But this means that many staff are worse off in real terms each year. Please make the point that this is hitting the lowest paid in the company the hardest.

  4. I agree with both Karen and Andy’s comment above.
    RPI in 2009 was 2.4%, in 2010 is was 4.8% and it’s currently 5.6%. In real terms this equates to over a 10% paycut in 3 yrs!

    So a 10% payrise would be fantastic.

    Anything below 5.6% would mean another paycut in real terms.

    But I think if a 6% across the board rise would be a great result.

    Also, isn’t it time the pay ranges were reviewed and brought in to line with RPI increases?

  5. Getting fed up with the pay grading scales: those of us at the top of them are really getting hit each year. Not convinced by local allocation of salary awards: no transparency.

  6. In 2009 and 2011 we had below inflation pay reviews and 2010 was simply a big fat zero so staff have effectively had an 8% pay cut in the last three years. It seems to be common place now to use ‘the current climate’ as a reason for these low wage reviews, but it’s us normal people – the staff who continue to work longer hours for less pay – who are the one’s that are worse off as a result. A settlement above the rate of inflation is a must.

  7. We are all aware that due to claims over the winter season that our pay increase may not be as much as previous years and that this years projection of the big freeze is no different
    However… in line with our new “expectations” of going beyond and above our role we should be rewarded. I agree with Karen, we are all working harder than we ever have gaining new large clients and retaining business yet it seems we are being paid the lowest of all insurance companies, even though we are top of the table.

    I think the 5-6% increase in pay is a fair expectation, as the economic climate has changed the cost of living is higher, therefore making it more challenging for front line staff. I think axa need to look at pay more closely for staff, as we are working more hours, with less staff and increased workload for nothing extra.

  8. To help those on low salaries, could a ‘minimum £ increase’ be set? Percentage wise this will benefit them more. After all, any percentage of a minisule salary is simply derisory in £amount.

  9. Having suffered through being above the top point in my grade for the last 11 years it is small wonder that I am gratefully taking early retirement as soon as it was offered. But as a Union member for another few weeks at least I wish everyone all the best of luck in the negotiations and would vote for the highest percentage that can be got.

  10. Pay increase is one thing, but will the bands move this year as well?

    There’s been complaints for a long time about how hard it is to move up the salary bands, AXA’s solution was to freeze them for 3 out of the last 4 years, sneaky way of solving the problem.

  11. Spare a thought for those paid below AXA’s consider market salary band, year in, year out they get good performance ratings demonstrating they are doing their job or better yet their pay rises don’t make any headway into getting them towards to market rate which AXA defines as a fair rate of pay.

  12. Very much doubt anyone (other than top brass) will get anything near an inflationary pay rise.

    Managers are tasked with making sure as few as possible employees achieve satisfactory pay rises & if you look at the rating definitions for your yearly review they clearly state “Outstanding; Up to 5% of UK employees could normally achieve this rating and it would rarely be given in consecutive years.”

    Why is it not possible to be given this year on year, if you are worth it why would you not be entitled to it? Excellent refers to 20% & again not given in consecutive years.

    Mind you there was some money until recently. I trust everyone saw the news mail where 11 – 17 year olds were awarded prizes of £40000 for their “innovative ideas.”

    I appreciate that this has been done as a PR exercise, however the money spent on the night could have been better spent on the very hard working employees.

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