Staff at Lloyds Pharmacy in the UK are pushing for better pay after a rejecting a three percent increase.
The Pharmacists’ Defence Association (PDA) Union said it will contact Lloyds Pharmacy shortly about a higher wage rise offer after the majority of its members rejected the company’s recent three percent offer.
Paul Day, director, of the PDA Union told Pharmacy Business: “The PDA Union will communicate the response of employed pharmacists to the company and seek further discussion to try and find an offer that will be acceptable to union members.
He said: “Both management and union representatives have a vested interest in working to find such a solution and that is the outcome we hope to achieve.”
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After months of negotiating with the PDA Union, the corporation proposed a 3 percent raise in salary, up from 1.8 percent in the previous offer.
Paul said: “Through negotiation over last few months that was increased to 3.0 percent, plus a long-term incentive plan (LTIP).
“Though the LTIP potentially offers large bonuses, it isn’t guaranteed.
“Therefore, what we put to members was the confirmed offer of a three percent increase in salaries,”
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However, the majority of the members voted to reject the offer.
Paul added: “We are going back to the company to see if a better deal can be reached.”
Since February, the Union has been in negotiations with the corporation to negotiate an acceptable offer for its members.
Lloyds Pharmacists had offered proposals to enhance compensation by 1.8 percent and 2.3 percent, respectively, with the latter accompanied by a Long-Term Incentive Plan (LTIP) that will bring additional salary increases over the next two years. However, both offers were already rejected by the members.
Source: Pharmacy Business