Union says employers are attempting to impose ‘a de facto pay cut’ in their latest pay proposals, despite 14% increase in profits
The RMT has announced two consecutive weekend strikes by bus drivers working at Stagecoach’s Winchester depot.
Both 24-hour strikes will be accompanied by overtime bans and will begin early on Saturday (4th and 11th August) and run into the early hours of Sunday (5th and 12th August).
The union says employers are attempting to impose ‘a de facto pay cut’ in their latest pay proposals.
RMT general secretary Bob Crow said: “Stagecoach is a highly profitable company with the UK bus division generating a massive pound for pound return for shareholders so there is no excuse whatsoever for trying to force down the living standards of our members.
“The Winchester drivers have shown their determination, anger and solidarity in massive votes for action and RMT would call on the company to sit down with us and negotiate a fair deal on pay that reflects the hard work of these staff.”
The RMT says its ballot for industrial action comes a month after Stagecoach reported a 14.3% increase in its pre-tax profits for the year to April to £239.8m from the previous year.
Company revenues increased to nearly £2.6bn, up from £2.4bn.
According to the RMT, the results included a £38m gain from changes to the company’s pension scheme, which reduces its future liabilities and by strong performance of Stagecoach’s UK bus division.
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