Tuesday, February 07, 2012
Monday, February 06, 2012
The Fair Employment report said one of the "key features" of the recession had been that "many employers retained staff on less generous terms and conditions rather than making large numbers of employees redundant". While it said this was "usually preferable" to redundancy, it claimed cutting workers' hours and wages could have a significant impact. The report stated: "As a result of the fragmented enforcement regime, our evidence shows that many employees are unable to raise and resolve poor practices that they experience at work. This leaves some employers free to continue inadequate and sometimes illegal employment practices."
CAS head of policy Susan McPhee said "It is time for the government to give exploited workers somewhere to turn, through the creation of a Fair Employment Commission with the legal powers and resources both to secure individual vulnerable workers their rights, and to root out the rogues. As a society we might have hoped that workplace exploitation was a thing of the distant past. Sadly, this report shows that many Scots are still being treated unfairly. Examples include illegal changes to contracts, unfair dismissal, low pay, withheld wages and victimisation of those who have tried to demand their rights."
Such good intentions but the government is the executive committee of the capitalist class and represents their interests, not the workers. A few cosmetic changes may be possible but the balance of power will always favour the employer.
Sunday, February 05, 2012
Thursday, February 02, 2012
Wednesday, February 01, 2012
The teams that are making money from selling their players?
Celtic again leading the way with £35,574,000. Rangers have made sales of just over £20 million. Here is where Hibernian really punch above their weight. The Easter Road side have sold just over £16 million of players in five years and Hearts also sold well, £14 million. So the profits for Hibs have been almost £15million and for Hearts £11 million.
Almost every club in the division has turned a modest profit with the wheeling and dealing of player sales. Hibernian's business model is so focused on bringing through youth players and moving them on for healthy fees. It appears that Scottish football is all about the search of young, marketable talent. Celtic’s transfer balance is interesting, given the figures involved, as they seem to spend exactly what they make, reinvesting the money taken from sales into the playing squad. The club transfer policy seems to be to find players with a sell-on value, put them in the metaphorical shop window, sell them on at a profit and then repeat the process with the proceeds.
The earl, James Randolph Lindesay-Bethune, educated at Eton and Edinburgh University, is currently chairman of the Scottish Agricultural College, United Kingdom Accreditation Service and the British Polythene Pension Scheme.
He is also a non-executive director at Scottish Resources Group and BPI, an associate director of the National Non-Food Crops Centre and a member of the advisory board of Business and a Sustainable Environment. From 1995 to 1997, he was the Conservative Scottish Minister with responsibility for agriculture, forestry, environmental protection, countryside, sustainable development and culture. He is also a vice-president of the Royal Society for the Protection of Birds and between 1998 and 2003 was chairman of RSPB Scotland. He is chairman of the Moorland Forum, president of the Royal Scottish Geographical Society, vice-president of the International Tree Foundation and the Royal Smithfield Club, and was a recent president of the Royal Highland and Agricultural Society of Scotland.
Jamie Lindsay, as he is known to his friends, "...combines commercial acumen with direct experience of policy-making and governance..." according to Sir Kenneth Calman, chairman of the National Trust for Scotland
Tuesday, January 31, 2012
India factory workers in revolt and kill company president. Workers at the Regency Ceramics factory in India raided the home of their boss, and beat him senseless with lead pipes after a wage dispute turned ugly. The workers were enraged enough to kill Regency’s president K. C. Chandrashekhar after their union leader, M. Murali Mohan, was killed by baton-wielding riot police. Once news of Murali’s death spread, the factory workers destroyed 50 company cars, buses and trucks and lit them on fire. They ransacked the factory.
The workers had been calling for higher pay and reinstatement of previously laid off workers since October. India’s factory workers are the lowest paid within the big four emerging markets. Per capita income in India is under $4,000 a year, making it the poorest country in the BRICs despite its relatively booming economy.
Monday, January 30, 2012
In December 2007, the HBOS share price was 741.5p. A year later, after its takeover by Lloyds, it had plunged by more than 90 per cent to 69p, giving thousands of employees who had taken up the Sharekicker plan not only their jobs to worry about, but their savings.
Many staff were confident of prosperity-laden future of their employer and invested much of their cash back into the very company they worked for. The tragedy is that when things went pear-shaped, many lost both their jobs and their savings.
The Deputy Prime Minister talked of a democratic share ownership culture. A lot of bank workers can be forgiven for feeling cynical towards Nick Clegg’s proposal for employees to have a universal right to ask for company shares.
How much say in the running of HBOS, RBS and Northern Rock did the thousands of employees who owned shares in those firms have? Not even 100 per cent take-up would give a workforce sufficient ownership to earn a voice loud enough to be heard. Groups of individual shareholders can’t come close to the ownership held by pension schemes and other institutional investors, who have been found badly wanting as far as accountability is concerned.
Sunday, January 29, 2012
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