The Greater London Co-ordinating Committee website

The Greater London Co-ordinating Committee (GLCoord) consists of the three union branches of the Communications and Digital (C&D) Sector in Prospect which serve members in the Greater London area. We represent members working in companies who do not have recognition agreements with Prospect as well as members actively seeking work even if not currently employed.  You can join Prospect on line via thier website. If you wish to find out more you can contact any Branch Principal Officer via thier email address.

Benefits of being Registered -- Across this whole website some articles are only available to registered users, if you are member of the union register if not apply to join and then register - you know it makes sense.

Commons committee singles out BT for criticism over fat cat pay

The House of Commons Business, Energy and Industrial Strategy Committee has called on Britain’s biggest companies to cap salaries for chief executives and align them more closely with workers, or face the wrath of a new regulator.

See the article on the Prospect Website

The hard-hitting report, which cites BT’s CEO pay package in the analysis, claims that soaring salaries of top bosses at FTSE 100 firms are a symbol of “corporate greed”.

Prospect members in BT are currently being balloted by the union on the company’s job restructuring plans known as the ‘People Framework’, where workers face pay cuts and job losses under the company’s proposed changes.

Prospect national secretary Noel McClean said: “Following last year’s shareholder revolt, BT promised to put its house in order on executive pay and remuneration. The fact that the BEIS committee report singles BT out suggests that the company has failed to do that.

"Prospect is currently in dispute with BT over proposed changes to its workforce structure that includes salary cuts, people losing their jobs and further potential job losses. This news will only serve to heighten the tension in that. This report would seem to suggest BT is targeting the wrong pay group.

"We are advising our members to reject BT's People Framework in a ballot launched two weeks ago. We want to get BT back around the table.”

BY Tower

You are not authorised to post comments.

Comments powered by CComment