Menu
27/05/2005
HSBC staff take strike action over pay
Amicus trade union expects widespread disruption across HSBC services as thousands of staff take part in a 24-hour strike over pay.
More than 10,000 Amicus members across HSBC branches, payment processing centres and the bank's IT services are expected to take part in the strike which begans at midnight and it has been reported that support for the strike is growing by the hour.
Amicus will have dozens of demonstrators outside HSBC's AGM today to highlight the national strike and they will be giving packets of peanuts to shareholders to illustrate the bank's derisory pay deal.
Union members voted to strike in rejection of a pay deal which will result in 10% of staff receiving zero pay rise and a further 45% of staff with a below inflation increase. HSBC's pay structure has seen many staff not receiving any pay increase for up to ten years.
Amicus' Head of Finance, Dave Fleming, said: “Thousands of HSBC staff will be striking tomorrow to protest against the derisory pay offer that is being imposed on them that will see many of them receive no pay increase at all and many more a below inflation pay inflation pay rise. This is despite the fact that HSBC announced a record breaking £9.6 billion profit in February.”
HSBC customers from across the country sent a resounding message of support to all its staff.
In a poll conducted by Amicus at the end of April, 95% of customers said that HSBC should receive a cost of living increase.
(CD/SP)
More than 10,000 Amicus members across HSBC branches, payment processing centres and the bank's IT services are expected to take part in the strike which begans at midnight and it has been reported that support for the strike is growing by the hour.
Amicus will have dozens of demonstrators outside HSBC's AGM today to highlight the national strike and they will be giving packets of peanuts to shareholders to illustrate the bank's derisory pay deal.
Union members voted to strike in rejection of a pay deal which will result in 10% of staff receiving zero pay rise and a further 45% of staff with a below inflation increase. HSBC's pay structure has seen many staff not receiving any pay increase for up to ten years.
Amicus' Head of Finance, Dave Fleming, said: “Thousands of HSBC staff will be striking tomorrow to protest against the derisory pay offer that is being imposed on them that will see many of them receive no pay increase at all and many more a below inflation pay inflation pay rise. This is despite the fact that HSBC announced a record breaking £9.6 billion profit in February.”
HSBC customers from across the country sent a resounding message of support to all its staff.
In a poll conducted by Amicus at the end of April, 95% of customers said that HSBC should receive a cost of living increase.
(CD/SP)
Related UK National News Stories
Click here for the latest headlines.
12 May 2005
HSBC staff vote in favour of strike action
Workers at leading bank, HSBC, have voted in favour of strike action over a pay dispute. Trade union Amicus have warned that if the strike goes ahead, it will take place on May 27, the same day that the bank holds its annual general meeting.
HSBC staff vote in favour of strike action
Workers at leading bank, HSBC, have voted in favour of strike action over a pay dispute. Trade union Amicus have warned that if the strike goes ahead, it will take place on May 27, the same day that the bank holds its annual general meeting.
19 August 2014
New Data Shows Women Hit By 'Mid-Life Pay Crisis'
Female managers over 40 years old are earning 35% less than men, according to new data by the Chartered Management Institute (CMI) and XpertHR. To earn the same as a male manager over a career, a woman would have to work the equivalent of over 14 years more.
New Data Shows Women Hit By 'Mid-Life Pay Crisis'
Female managers over 40 years old are earning 35% less than men, according to new data by the Chartered Management Institute (CMI) and XpertHR. To earn the same as a male manager over a career, a woman would have to work the equivalent of over 14 years more.
01 September 2011
Commission On Minimum Wage Visit
Two Low Pay Commissioners are to visit London next week on a fact-finding visit about the National Minimum Wage. The visit is one of a number of planned trips the Low Pay Commission is making around the UK during 2011 to "gather information on how the minimum wage is operating".
Commission On Minimum Wage Visit
Two Low Pay Commissioners are to visit London next week on a fact-finding visit about the National Minimum Wage. The visit is one of a number of planned trips the Low Pay Commission is making around the UK during 2011 to "gather information on how the minimum wage is operating".
26 September 2008
Funding Boost Of £455m For Equal Pay Claims
Funding of £455m will be awarded to councils in England to allow back payments relating to thousands of equal pay claims from women workers. In a move to speed up long-term commitments to achieving equal pay for all council workers, local government minister John Healey gave the go-ahead to 34 councils to raise the money through capitlisation.
Funding Boost Of £455m For Equal Pay Claims
Funding of £455m will be awarded to councils in England to allow back payments relating to thousands of equal pay claims from women workers. In a move to speed up long-term commitments to achieving equal pay for all council workers, local government minister John Healey gave the go-ahead to 34 councils to raise the money through capitlisation.
27 February 2006
Report highlights gender pay gap in the UK
Women are still being paid less than men, thirty years after the introduction of equal pay legislation, a new report has found. The government-commissioned "Shaping a Fairer Future" report from the Women and Work Commission found that women are earning 17% less than men. This was "bad for women and bad for Britain", the report said.
Report highlights gender pay gap in the UK
Women are still being paid less than men, thirty years after the introduction of equal pay legislation, a new report has found. The government-commissioned "Shaping a Fairer Future" report from the Women and Work Commission found that women are earning 17% less than men. This was "bad for women and bad for Britain", the report said.
-
Northern Ireland WeatherThis Evening and Tonight:Clear start with a fairly widespread frost developing. Increasing cloud brings occasionally heavy rain overnight, preceded, especially over western hills, briefly by snow. Occasional southeasterly gales, severe near coasts, developing. Minimum temperature -2 °C.
