Unite reaction to Hester pay package
22 June 2009
Graham Goddard, Unite Deputy General Secretary said: "Reports
that Stephen Hester will be awarded a £9.6m package will be met
with absolute disbelief by front line staff in the finance
industry.
"It’s nice work if you can get it! Unfortunately over the last
few months thousands of RBS staff have lost the jobs which gave
them just a fraction of Hester’s pay. For these workers and their
families the suggestion that the RBS chief executive will be
awarded such a bumper pay package will leave a foul taste in their
mouths.
"Unite is appalled that instead of striving to save jobs, in
this state controlled bank UKFI is approving such an incentive
plan. Staff and customers are sick of seeing senior bankers earn
such huge financial awards, when every week hundreds of hardworking
and loyal staff are losing their jobs."
For more information contact: Saba Mozakka, Unite press office
on: 07768 693 953 or 020 7420 8916.
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