Unite slams Coca-Cola over pay & pensions talks

-

Union slams Coca-Cola over pay & pensions talksThe UK’s biggest trade union has said it will ballot its 2,000 members working for Coca-Cola Enterprises (CCE) about possible strike action, after the beverages firm kept its workforce out of ongoing discussions over pay and pensions.

According to Unite, the response came after the company announced "damaging changes" to its pension scheme, which could see workers needing to work until age 65 rather than 60, unless they agree to accept losing up to one-quarter of their savings pot.

Jennie Formby, the body’s national officer for food, drink and the tobacco sector, accused CCE of attacking its members’ wages while rewarding senior managment at the time.

She referred to the company’s chief executive John Brock, who reportedly has a pension worth $3.5 million (£2.43 million), having worked with Coca-Cola for just over 11 years.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

CCE distributed 260 million cases of its soft drink from facilities across the UK and broke through the £1 billion sales barrier earlier this year.

By Colette Paxton

Latest news

Sustainable business starts with people, not HR policies

Why long-term success depends on supporting employees, not just meeting ESG targets, with practical steps for leaders to build healthier organisations.

Hiring steadies but Gulf crisis threatens recovery in UK jobs market

UK hiring shows signs of stabilising, but rising global uncertainty linked to the Gulf crisis is weighing on employer confidence and delaying recovery.

Women ‘face career setback’ risk with flexible working

Female staff using remote or reduced-hour arrangements more likely to move into lower-status roles, raising concerns about bias in career progression.

Jo Kansagra: Make work benefits work for Gen Z

Gen Z employees are entering the workforce at full steam, and yet many workplace benefits schemes are firmly stuck in the past.
- Advertisement -

Union access plans risk straining workplace relations, CIPD warns

Proposed rules on workplace access raise concerns about employer readiness and operational strain.

Petra Wilton on managers struggling with new workplace laws

“Managers are not being given the tools they need to fully understand how the rules of the workplace are changing.”

Must read

Emma Hardaker-Jones: The importance of mental health role models in business

The impact of poor mental health on workplace wellbeing continues to be a significant problem for businesses.

Jane Sunley: Managing and growing your talent

I’m on a mission to rid the world of...
- Advertisement -

You might also likeRELATED
Recommended to you