Announcement

Monday, September 28, 2009

Storm in UK over bonuses for TATA Steel staff in India

The Star reported that steel union Community in UK has branded bosses of UK steel giant Corus's Indian parent company TATA Steel hypocrites after learning steelworkers in India would be receiving bonuses denied to their British counterparts.

Corus has already been accused of abandoning South Yorkshire after announcing cuts of more than 1,530 jobs at its plants in Rotherham and Stocksbridge this year.

The attack comes after representatives of three main steel unions Community, Unite and the GMB voted to ballot for industrial action over Corus's plans for changes to its pension scheme. It was prompted by news that TATA's Indian steelworkers will receive record bonuses of up to 18.5% and additional payments of 8.33% denied to UK steel workers.

Mr Michael Leahy Community Union general secretary said that "The hypocrisy is staggering as Corus have unilaterally withdrawn bonuses contrary to contracts of employment and 30 years of custom and practice. TATA Corus, it appears, will respect traditions in India but not in the UK. We are calling upon Corus to respect not only tradition but the employment laws of Britain and to pay our members the money to which they are legally entitled."

Corus said negotiations over annual and lump sum bonuses paid to UK steelworkers were under way and it would not be appropriate to comment until they had been completed.

(Sourced from www.steelguru.com)

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