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March 25th, 2010 @ The Royal Garden Hotel, London
The third annual PCR Awards is set to be the social event of the year for anyone involved in the PC retail sector, and a well deserved celebration for the nominees.
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UK - London
Union agrees to analyse new deal put forward by management, with vote due next week
Unions have called off the strike that was threatening to disrupt the UK's second largest consumer electronics retailer, Argos.
The action, which was due to take place tomorrow, has been averted after a breakthrough following negotiations between management and union officials from Unite. The new deal put forward by Argos will be scruntinised by the union's national shop stewards committee on Friday with a vote expected later next week.
Workers had striked last Thursday over the four per cent pay deal that Argos had offered workers, claiming that it feel below the rate of inflation. They had been due to strike tomorrow, with four days of total stoppages from July 30th, however, that action will be postponed till after the vote.
Source: Retail Week
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Seriously. The retail staff aren't striking as far as I am aware. Maybe it's true that those who have brains work in retail and those who work in warehouses have the brawn.
It would be stupid to allow this to go through. All it will do if force other retailers to bow to this pressure and all of a sudden, inflation has gone up even more to account for the extra money in the economy – and you're back to square one and the relative amount of money you already earned.
I understand that the current offer was under the rate of inflation and therefore technically a pay cut, but these sorts of strikes only lead to one thing... rampant inflation as the unions attempt to out race inflation leading to even more ridiculous pay demands forcing businesses out of business... and what have you got when that happens... even less money than what you originally had and a recession.
In short, the unions need to be very careful not to bow to ridiculous demands and to educate their members about what happens when unions get into an argument with inflation.
