I know that our scheme is well run, and has a significant surplus, and NATS pays a comparatively low level of contributions.
It seems to me there is a bit of a herd mentality going on, 'everyone else is doing it, why can't we?' type of attitude going on with our senior management.
Senior management take note.
You'll look really good in an interview when asked why you left your previous job and you say 'I mucked around with the pensions............................
everyone left to work for someone else...........................
then the company went bust.............................'
The main thing that has made me reluctant to leave NATS is the pension. No pension, nothing else really keeping me, and I suspect a large number of my colleagues think along the same lines.
ATCOS / ATSAS / Engineers can work for anyone, NATS or no NATS.
As for my source, all I have is secondhand information, but I believe it to be correct. I'd be delighted to be proved wrong.
I got it from someone who was present at a meeting when someone from HR said too much. Apparently senior managements faces told the FULL story.
Obviously names and places can't be mentioned eithere here or by PM.