The Limited Times

Now you can see non-English news...

NWFB and Citybus Labor Union quoted employers’ salary freeze for three consecutive years

2021-12-29T11:39:51.708Z


NWFB and Citybus have recorded losses in recent years and have frozen their salaries for two consecutive years. Today (29th) the two bus companies’ unions discussed remuneration issues with the management. A union said that at the meeting, the company’s management announced that there would be no salary increase next year, that is, for three consecutive years.


NWFB and Citybus have recorded losses in recent years and have frozen their salaries for two consecutive years.

Today (29th) the two bus companies’ unions discussed remuneration matters with their management. Some unions stated that at the meeting, the company’s management announced that there would be no salary increase next year, that is, salary freezes for three consecutive years, but it will pay a year-end remuneration similar to that of Double Pay , And a special bonus of 4,000 yuan.


The NWFB and Citybus union quoted the employers' salary freeze for three consecutive years.

(Photo by Huang Weilun)

The union originally asked for an 8% salary increase

NWFB and Citybus have suffered serious losses in recent years. Tan Limin, the chief executive of its parent company Huida Transportation, disclosed earlier that it lost approximately $25 million a month. He also predicted that the fare may need to be "increased year by year".

Yuhao Yuan, director of the NWFB branch of the General Motors Corporation, revealed that the employers and employees met today to hold a salary adjustment meeting. The management reiterated that the company was facing serious losses and announced that it would freeze its salary again, but on January 21 next year, it will issue a year-end remuneration similar to that of Double Pay. , And a special bonus of 4,000 yuan.

Yuan Yuhao said that in the past it had asked for an 8% salary increase, but the management only announced the plan instead of consulting. The next salary conference will be held in December 2022, that is, the salary will be frozen for three years.

He also pointed out that the management revealed at the meeting that it is expected that after the opening of the East Rail cross-sea section, it will further expand its losses.

The NWFB and Citybus union quoted the employers' salary freeze for three consecutive years.

(Photo by Huang Weilun)

Regarding whether he is satisfied with the plan, Yuan said that he still needs to consult the members, and his preliminary findings think it is acceptable.

Lin Jinbiao, chairman of the NWFB Workers Union, also confirmed his meeting with Huida's management staff today.

Regarding this proposal, he expressed his understanding that the company's operating environment has not improved, but the salary has been frozen for the third year. He believes that the salary increase should be discretionary, but he can only accept it now.

The Census and Statistics Department announced the nominal wage index yesterday. Among the eight industries, only the transportation industry recorded a decline.

Lin Jinbiao said that the company is currently short of manpower and will open new lines in the future. If customs clearance is successful, the manpower demand will be even greater.

He predicts that when the economy recovers in the future, the problem of manpower shortage will become more serious.

NWFB and Citybus’s introduction of hydrogen energy bus services by 2023 will require 30 billion investment and electricity bills for zero emissions Come on!

Directly hitting NWFB and Citybus’s lost-luggage room. Passengers left fish in the lost room. NWFB and Citybus are adopted by employees. NWFB and Citybus will be able to pay by credit card and enjoy renewal discounted MTR fares from Saturday. Almost postponed to deal with the increase in the number of Legislative Council members. Each year, they have 4 million resource parking spaces and entertainment fees.

Source: hk1

All news articles on 2021-12-29

You may like

News/Politics 2024-04-08T11:46:08.724Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.