Ballot for industrial action at Thomson Reuters
21 November 2011
Journalists at Thomson Reuters are to ballot for industrial action in response to an "insulting" below-inflation pay offer.
The business news agency's NUJ chapel has passed a resolution saying:
"This chapel rejects the below-inflation offer of 1.5 per cent across the board as insulting after three years of real-term pay cuts. This chapel insists on a return to the previous practice of annual across-the-board pay rises at least in line with inflation.
"It demands 7 per cent across the board and in light of our continuing pay dispute, and the company's failure to come close to our demand, the chapel will proceed with its ballot for industrial action."
Michelle Stanistreet, NUJ general secretary said:
"Our members at Thomson Reuters have said enough is enough. Over the past years they have tried to meet the management half way on pay issues, despite the fact that pay agreements dating even before the credit crunch have been derisory.
"They are getting to the point where they can no longer afford to work for Thompson Reuters because they cannot afford to pay their train fares to work or pay their bills. Voting for industrial action is their only option."