PPRuNe Forums - View Single Post - NATS Pensions (Split from Pay 2009 thread)
Old 14th October 2008 | 08:34
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Del Prado
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Joined: Jan 2004
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From: London
1) If there's one thing we've learned from the present financial turmoil it's that bonuses and incentivised pay encourage short termism that is very often at odds with the long term good of the company. Given this fact and the financial sacrifice NATS is asking of their staff would it not be right and proper that Mr Barron forego his bonus this year as an act of good faith?



2) If there was a pay deal on the table where we got a significant increase for giving up 6 days leave, most of that pay rise would be non pensionable due to the RPI+0.5 cap.
Most pay deals are not straight forward raises but involve us finding savings through sacrificing our terms and conditions. This RPI cap is going to shaft us in ways we haven't even thought of.
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