The trade union Unison is seeking to enlist one of the world’s biggest pension funds to put pressure on Care UK into paying a living wage to disability support workers in Doncaster. Unison held talks with Calpers – the California Public Employees Retirement System – and local authority pension funds in the hope that they will push Care UK’s private equity owners to do a deal with the employees who are seeking a living wage of £7.65 an hour. Pension funds are significant investors in funds set up by Care UK’s owner, Bridgepoint Capital, including those with Care UK in their portfolios.
English: http://www.independent.co.uk/news/business/news/pension-funds-urged-to-act ...
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.