Sparrows Group has called on employees to take a voluntary 7% reduction in their salaries or risk having their contracts terminated.
A briefing note seen by our sister website Energy Voice shows staff have been briefed that if they don’t accept the move it could lead to a notice on their current terms or “reengagement” on new terms and conditions.
Staff have been informed they must accept the new changes to pay by tomorrow or risk forcing colleagues, who have accepted or intend to accept the offer, to shoulder a much “more significant” burden to ensure the company’s cost reduction targets are met.
For more details, visit our sister website, Energy Voice.
Oil service company tell staff to take 7% pay cut or face contract termination
