Yesterday AXA announced a number of potential redundancies in the Learning & Talent and Culture, Capability & Talent teams in HR, with a number of employees being put at risk of redundancy.

Collective consultation with Unite and other employee reps is still ongoing at this time.

Any members impacted by this announcement and seeking help or support should speak to their local union rep in the first instance, a list can be found here.

Over 400 of you completed our recent survey on Professional grade pay distribution and the results were as follows:

In favour of Manager Discretion – 16%

In favour of Pay Matrix – 72%

No preference – 7%

Don’t know – 5%

We have communicated the result to the company and we engage with them further on the subject.

By way of comparison when we last asked staff about Professional grade pay distribution (in 2019) the results were as follows:

In favour of Manager Discretion – 35%

In favour of Pay Matrix – 45%

Don’t know – 20%