Saturday, July 24, 2010

Meggitt Strike Update

Workers at Meggitt Aircraft Braking Systems in Coventry are on strike today because their pay has been frozen but bonuses of 1.5m have been paid to three senior managers.

Unite says an overtime ban continues and workers are planning to hold another strike from 7 p.m. on 27 July.

Unite says chief executive Terry Twigger and senior amangers Stephen Young and Philip Green received bonuses of 770,000, 463,000 and 353,000 respectively plus shares.

Unite Regional officer Alan Lewis said: "Our members are justifiably furious.

"Workers' pay is being frozen while three senior managers are awarded 1.5 million in bonuses.

"A fair pay increase of four per cent for the staff in Coventry would cost the company less than a quarter of the cost of the bonuses given to just three men."

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