Tuesday, February 17, 2009

Unions greedy demands reversed

Remember '5% in 05'? Where the unions decided the long term chances of another Liarbour government was nil and so they pushed for a general wage order for the unionised whilst they still had the ear of the government. Productivity hadn't risen 5%, now the companies are struggling.

The true cost of those greedy union demands is now coming home to roost as companies strip the 5% from staff in an effort to beat the recession.

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