compensation
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Germany Sets Out Ways to Cut Gas Usage Amid Russia Supply Crunch
Date: June 21, 2022
By Vera Eckert and Ludwig Burger FRANKFURT (Reuters) -Germany’s energy regulator on Tuesday outlined plans to cut industrial gas usage to try to avert disruption of critical industries if Russia reduces gas supplies further. The plans, which the Economy Ministry had said on Sunday would be announced soon, include a tender bidding system to start...
Rolls Royce Offers Cash to Workers Facing High Cost of Living
Date: June 21, 2022
(Reuters) – British aircraft engine maker Rolls-Royce Holdings said it was offering a cash lump sum of 2,000 pounds ($2,458) to about 70% of its UK workforce to help them navigate high living costs. Britain’s economy initially rebounded strongly from the COVID-19 pandemic but is now battling high living costs worsened by a combination of...
Spain-Based Cabin Crew at easyJet Plan July Strike
Date: June 21, 2022
By Corina Pons MADRID (Reuters) -Spain-based cabin crew at easyJet plan to go on strike for nine days in July to demand higher pay from the budget airline, local union USO said on Tuesday, potentially adding to travel woes as the sector struggles to cope with rebounding demand. Workers will walk out on July 1-3,...
UK Pay Deals Hold at 4% as Inflation Steams Ahead: XpertHR
Date: June 21, 2022
LONDON (Reuters) – Annual pay rises agreed at British workplaces steadied last month at a historically high rate but fell further behind soaring inflation, according to another survey on Tuesday that suggested fears of a wage-price spiral may be overdone. XpertHR, a pay and personnel data publisher, said employer pay deals for the three months...
Bombardier Workers Mull New Wage Offer of up to 18.5% Over 5 Years as Strike Threat Looms
Date: June 20, 2022
MONTREAL (Reuters) – Bombardier Inc has offered its workers on a key jet program a new and final contract that would deliver pay hikes of up to 18.5% over five years, according to a letter from their union seen by Reuters. Workers are set to vote on the contract on Wednesday and rejection would “automatically...
UK Minister Warns Public Sector Workers Not to Expect Above-Inflation Pay Rises
Date: June 20, 2022
LONDON (Reuters) – The British government needs to be sensible about public sector pay, junior treasury minister Simon Clarke said on Monday, warning that above-inflation rises would only worsen general inflation that is predicted to top 11% later this year. Teachers and doctors are among those who have threatened to vote on industrial action if...