PPRuNe Forums - View Single Post - NATS Pensions (Split from Pay 2009 thread)
Old 26th November 2008 | 14:32
  #1531 (permalink)  
anotherthing
 
Joined: Feb 2006
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From: Hants
AFFLECK

Valid point - how many people (either 'yes' or 'no' voters - it matters not) honestly believe that management do not have at least one fall back position?

For all that I dislike what management are doing to NATS, I don't accuse them of being stupid or reckless. They are good at achieving what they are trying to do for NATS as a profit making business (closing the pension is one such business aim); they are not stupid enoughto go into this with their eyes shut and say and say "this is the only solution available to us".

This is the solution hammered out between the unions and NATS. Remember, it is a deal both parties are happy with.

The union believed it had done enough to satisfy its members - the vote will tell whether that is true or not... NATS will have other options up its sleeve in the event that the union has read its members feelings over pensions wrong.

Anyone who believes that management have not left themselves any manoeuvring room is effectively saying that management are dumb.

Strange, considering that some 'yes' voters are trying to claim that people voting 'no' are doing so because they don't trust the ability of maanagement, but then they themselves obviously don't understand how management work if they don't believe/trust that management has fallback plans.

People who are saying a 'no' vote means re-nationalisation - do you honestly think that such a high powered and allegedley capable management team would gamble everything on an all or nothing strategy?
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