Unilever has confirmed plans by their staff in Warrington to attend a planned walk out tomorrow over proposed plans to make changes to their pension scheme.
Unilever, a FTSE 100 company who own popular household brands including Persil and PG Tips revealed that they fully understood the stance taken by their employees, after plans were made to replace their existing final salary pension scheme with a career average earnings scheme from 2012.
Spokesman for Unilever, Paul Matthews explained that the proposals had first been put to employees in April to “ensure their long-term financial sustainability and to maintain the competitiveness of the UK business.”
He added, ‘The changes have been proposed to help tackle the increasingly unaffordable and unsustainable costs associated with Unilever’s UK pension fund.
“We understand the concerns of employees and their representatives and respect their right to protest.
“Formal consultation is scheduled to start in June and in the meantime, Q&A sessions for employees to voice their concerns and questions to leaders in the business have been held across the country.”
Unilever employs around 5,000 people around the country, and has 1,700 registered members of the Unite union, who have organised the walkout tomorrow.
Despite the walkouts, the Unilever share price was up 0.35% this morning.