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John, they were getting £11K a year in shift allowances alone.
I really do not see the issue. To my way of thinking a workforce of any kind should be suitably remunerated for working outside the norm.
Having said that I do not think for one moment that ALL employees are on 55K per annum or for that matter all are on 11K shift allowance. Of course there will be some on these figures, unfortunately when the press get hold of something they tend to ever so slightly........... exaggerate.
To go back to another post of mine.........
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does anyone honestly believe that they would have paid them big money unless it was there to be paid.
.............you have to realise that whatever they are/were being paid, then they (the company) had to be able to afford it otherwise they would not have given it.
My bet is that the company figures have been manipulated to show big losses, because as far as I can see the Petroleum Industry is doing very nicely! so what has changed so much that they are apparently losing 10 mil per month? for sure it is not the wages as they have been accounted for & for sure those tw&ts at the top will not be taking a sizeable drop in their remuneration. The kind of money that they are dealing in is probably similar to the "Banks"...........a loss one minute - big bucks the next. The losers! Oh that's right, it will be the workforce..............three guesses as to who the winners are!!!!!
Remember their remuneration was negotiated and the company gave what they could afford - to go down the route of closing a company of that size without even mentioning redundancies in the first instance is unprecedented - to open it straight back up having beat everyone with a big stick...........tells me there is still big/VERY big profits to be made.
If there has been a change in demand for their product and they are doing less in production.........then leadership should come from the very top "
We are all in this together" rings a bell. The bosses at the top of the tree should be leading by example and reducing their own package - but I guess that will not happen any time soon.