P & O Ferries

Dis86 said:
Like I said earlier, its often possible to see it from the side of the business. Packages like that make it abundantly clear why they've gone down this route. That doesn't mean it's right but its understandable
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Playing devils advocate, those businesses put the packages in place.
 
Those people getting £100k payouts will have worked for the company for decades and be very senior, E.g the actual captain of the ship.

I expect the average package will be considerably less but that doesn’t make a good headline.
 
b0rn2sk8 said:
Those people getting £100k payouts will have worked for the company for decades and be very senior, E.g the actual captain of the ship.

I expect the average package will be considerably less but that doesn’t make a good headline.
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I think I read that the lowest paid would get a minimum of £15k, although I dont know what would qualify you for that but yes, far short of the big headline figure
 
Bear said:
I think I read that the lowest paid would get a minimum of £15k, although I dont know what would qualify you for that but yes, far short of the big headline figure
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15k is still a massive amount. Was offered 20K last year for 13 years service at a middle management level. That was considered decent as the company I worked for scrapped company severance pay in 2010 and only give statuary now.

P&O are going to be in for a right shock though as the labour market is absolutely horrid for employers as workers have got them by the balls. I mean who would want to work for a company with that reputation when there are plenty of other jobs.
 
b0rn2sk8 said:
Those people getting £100k payouts will have worked for the company for decades and be very senior, E.g the actual captain of the ship.

I expect the average package will be considerably less but that doesn’t make a good headline.
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It will be based on time, potentially with no cap (which some places do or at least did).

No talk of any legal stuff yet, so I assume it was legal - although not great for those impacted.
 
tlrBeta said:
It will be based on time, potentially with no cap (which some places do or at least did).

No talk of any legal stuff yet, so I assume it was legal - although not great for those impacted.
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Indeed, time served and seniority as it’s normally a % (1/12 is typical) of your salary for each year of service caped at a certain number of years plus any payment in leu of notice.

Hence why I said those getting £100k+ will be only the top few in the organisation. I expect most will be getting enough to cover them for a few months plus and notice payment.
 
Also dont forget as they didnt get any notice all their normal notice period will be due as part if this payment.

There would I imagine be people in there with 6 month notice periods if they have particularly difficult to recruit jobs. (Wont be many)
A lot are likely to be on three months, maybe a lot?

Redundancy numbers often look large when they are someone elses.
 
adam cool dude said:
15k is still a massive amount. Was offered 20K last year for 13 years service at a middle management level. That was considered decent as the company I worked for scrapped company severance pay in 2010 and only give statuary now.

P&O are going to be in for a right shock though as the labour market is absolutely horrid for employers as workers have got them by the balls. I mean who would want to work for a company with that reputation when there are plenty of other jobs.
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They’ve hired people from India for £2 an hour I thought?
 
https://news.sky.com/story/p-o-ferr...ed-to-tell-govt-maritime-lawyer-says-12572920

Legislation to protect employees in the UK was amended by Mr Grayling in 2018 so that the secretary of state does not have to be notified of mass redundancies on ships registered overseas.
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A letter to Mr Kwarteng from P&O's chief executive Peter Hebblethwaite written after the sackings says: "The very clear statutory obligation in the particular circumstances that applied was for each company to notify the competent authority of the state where the vessel is registered.

"All relevant vessels are registered outside the UK. Notification was made to the relevant authorities on March 17."
...
The memorandum claimed the amendment had been supported by the unions who have led protests against P&O's actions.

"The UK Social Partners, Nautilus International (the officers union), RMT (the ratings union) and the UK Chamber of Shipping, have been fully supportive of the Seafarers Directive," it states.
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Whoops.
 
I mean kinda interesting if they go out of business then China buys up the company....would be more fun.
Funny how this committee have given this fella a massively hard time but none of their peers over billions lost during the pandemic.
 
dLockers said:
And? He doesn't run a charity, he runs a business. The global model for seafaring is get dirt cheap folk. How can he be competitive if he is the only one paying entitled Brits mega salaries? :confused:
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Do you consider yourself an 'entitled Brit' and would you be happy on £5,50 an hour?

The CEO and the company are a disgrace and should be crucified.
 
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