4.5% pay rise
Obviously pleased to be getting our agreed 4.5% but PK's letter said the extra costs would have to be paid for in operating "efficiencies" and anyone got any ideas, clues, suggestions, inside info about what cuts and where are being planned or suggested. The implication of this letter was of significant cuts. Every business is tightening belts and redundancies and companies going into administration just a sign of hard times and unlikely these hard times not going to affect our company too.
Alluding to times being as hard ahead as the war years is gonna hurt somewhere - but where?