Click here to read the latest Unite in AXA newsletter on the 2014 pay offer.

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

Pay negotiations between AXA UK and Unite have concluded with the following pay offer for employees in Unite’s bargaining group in levels 9-6a. Employees in levels 9 to 3 who are not collectively bargained for will also receive this pay offer.

A head line pay offer of 3% delivered as:

• A pay increase based on a 2.5% pay matrix. Plus

• A 0.5% targeted spend, that focuses on specific areas determined by each CEO with their HR teams to target anomalies and business critical areas. Unite will be kept informed of the company’s overall decisions in respect of its bargained for group.

The details:

• A pay increase based on the pay matrix below. The matrix has been built around a 2.5% award for someone rated as Successful in the Medium part of the pay range. Any increase will be based on your performance and position against the increased pay ranges.

• Pay ranges have increased by 1% L8-7, 2% L6 and 3% L5-3. Level 9 median to increase to £14,750. These increases reflect market movements in pay.

• As part of an ongoing dialogue between AXA and Unite, a 3% increase in the minimum salary to £14,750 (subject to employees not receiving an unsuccessful rating).

• A commitment by the company to continue to review Pay Ranges annually.

• As part of the settlement, AXA has committed to review the following during 2014: possible low cost options for employees with no PMI and possible alternative systems to Performance Related Pay.

PAY MATRIX:

The following matrix will be used to award pay increases for all employees in all levels 9 to 3:

• For employees Above the pay range (i.e. where their FTE Salary is over the maximum of the pay range) the amount payable will be based on the percentage from the “High/Above in range” category in the pay matrix and the maximum salary for that range.

Example of Pay Award

This will mean, if your current full time equivalent (FTE) salary is £18,000 in the medium part of the increased pay range and you achieve a Successful rating, your salary will increase to between 1.25% (£225) and 3.75% (£675), with a mid-point award being 2.5% (£450) in your April pay.  Your manager will use their discretion to determine your award within the range shown in the pay matrix but any adjustments up have to be balanced with movements down.  This is necessary to ensure we achieve the agreed spend.

Unite will ballot their members, with the ballot taking place from Friday 7th February until closure on Wednesday 19th February 2014.

Please speak to your Line Manager or Unite Representative if you have any questions.

The following members have volunteered to become local union reps in Middlesbrough and Teeside and help make AXA a better place to work, assisting their colleagues with workplace issues:

Middlesbrough:

Sadia Aslam
Clare Lewis
Craig Earle
Adam Varey (health and safety rep)

Teeside:

Clare Eddy
Marian Gill

Thanks to all for volunteering.

Click here to read the latest Unite in AXA newsletter about the pay survey and 2014 pay claim submitted to the company.

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

The following members have volunteered to become local union reps in Tonbridge and help make AXA a better place to work, assisting their colleagues with workplace issues:

Hannah Prebble

Helen Buss

Sam Thomas

Thanks to all three for volunteering.

Click here to read the latest Unite in AXA newsletter on upcoming 2014 pay negotiations.

Please contact your local union rep for details of your local pay meeting.

The ballot of Unite members in the Defined Benefit pension scheme within the bargaining unit has concluded and the result is  as follows:

Ballots returned – 67.37%

In favour – 35.16%

Against – 64.84%

The company has been advised of the result.

Whilst this is a clear no vote against the company offer, the Unite in AXA National Company Committee  is of the view that although the company action is obviously hugely unpopular, that given the number of ballot papers not returned (over 30%) and the size of the no vote, it does not give a large enough mandate to enable us to consider any further action on this matter.

Click here to read the latest Unite in AXA newsletter on the recent offer of pension compensation and protection of key benefits from AXA.

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

AXA’s European Works Council is meeting in Warsaw with employee representatives attending from Belgium,  France, Germany, Greece, Ireland, Italy, Luxemburg, Poland, Portugal, Romania, Spain and the United Kingdom.

Group CEO Henri de Castries addressed the employee representatives, telling them how the group had delivered solid results in 2012, that there was encouraging momentum with the company was on track with AXA Ambition and that he was now planning towards 2030.

Delegates raised a number of issues with him including the global economic situation, youth employment, cost reduction, offshore operations, social dialogue, global IT and bank operations and corporate social responsibility.

The UK delegation asked the CEO questions on cost management, gender equality, his participation in the Bilderberg Group and pensions.