Displaying items by tag: Savings of £120m
Staff Face Pay-Cuts as Stena Tries to Save £120m
#StaffCuts – Large ferry operator, Stena Line looks set to introduce drastic pay cuts for new staff and dozens of its current temporary workers.
And it's those on 'zero-hour' contracts which are set to feel the brunt of the cuts, with hourly pay to plummet from £8.41 to £7.67 - dropping by almost 9%.
That could affect around 80 ship workers here, and others across the UK as a whole. And some new permanent roles, starting in January 2016, are being hit with cuts of up to 24%.
The details have been revealed in a pay cut proposal from the national RMT union, seen by the Belfast Telegraph which has more details by clicking here.