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Bausch and Lomb

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  • Registered Users Posts: 29,256 ✭✭✭✭Wanderer78


    im sorry to breakk it to you, but this bigger picture stuff is exactly what the problem is, this approach is now starting to collapse, the cost of living is spiraling out of control, and nobody really seems to know what to do about it, and most, if not all of our major institutions are starting to default to what the only know, this is only further compounding the issues, i.e. they dont know what to do....

    its important to realise, entities such as the lrc werent exactly created to resolve the grievances of the labour force, but ultimately to protect the the needs of employers, in particularly larger businesses and corporations, as these businesses effectively write public policies, i.e. their needs are always far superior than everyone's else needs in the process, particularly the labour force...

    nobody seems to know what enough is because nobody knows exactly whats going to happen in regards the cost of living, its simply out of control, and we have no real methods of dealing with it, not quickly anyway.....



  • Moderators, Technology & Internet Moderators, Regional South East Moderators Posts: 28,483 Mod ✭✭✭✭Cabaal


    Historically the way inflaction has been tackled by countrys is an increase in interest rates, thats why thats going to happen in July and again in September. The USA has already done the same.

    Perhaps it won't be pretty, but we won't see a return to the types of interest rates we had in Ireland in the 1980's of about 18% as the Eurozone could simply not take such an increase of what we had in the 80's. But certainly expect between 1/4 - 1% in the next year.



  • Registered Users Posts: 29,256 ✭✭✭✭Wanderer78


    ...but the only problem is, current inflation has occurred primarily due to supply and energy shocks, i.e. virtually nothing to do with the money supply, central banks actually need to rapid increase the public money supply, in order to maintain some sort of economic activities, but they re not truly doing this enough. increasing rates is just going to make it more difficult to service debts, baring in mind, most money/debt in circulation has been created in the private domain, i.e. credit markets, i.e. most people wont give a sh1t about our public debts, as they ll be panicking too much about how they re gonna service their mortgages!

    increasing rates to previous generation levels would clearly cause catastrophic economic collapses, i.e. it aint gonna be happening!



  • Registered Users Posts: 6,179 ✭✭✭Gavlor


    You’re conveniently ignoring the past 10 years of quantitative easing which led to negative interest rates, more consumer spending and in turn would have caused inflation eventually, supply shocks just accelerated this. Rates were always going to rise and you can’t spend your way out of inflation.


    Re B&L, it’s currently an employee’s market but that’s not going to last much longer.



  • Registered Users Posts: 29,256 ✭✭✭✭Wanderer78


    ...im actually not, the primary reason for its introduction was to (re)inflate asset markets such as property, and it worked, only thing is, very little, if any of this money truly made it into the actual economy, just remaining in financial markets. again, the rapid increase in the public money supply in the form of qe, effectively didnt cause the inflation in the first place, significant disruption to supply chains due to covid, and now the war in relation to energy markets, have played a far greater role....

    ...and we cannot afford not to spend our way out of it, we cant all tighten our belts at the same time, doing so, will clearly worsen the situation, causing many businesses to go bust, and a rise in unemployment, how the hell is that gonna resolve the current situation!

    id argue its a no ones market, we re all in deep sh1t, both employees and employers.....



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  • Posts: 0 [Deleted User]


    Sorry, this was largely my fault. The guy has a far left socialist level outlook on Industry - bordering on... let's say bizarre. I'll leave it there, but good to know he's got several head accountants to back him up.



  • Registered Users Posts: 6,179 ✭✭✭Gavlor


    Depends on whether you think high inflation is better than higher (normal) interest rates…..



  • Moderators, Music Moderators Posts: 3,728 Mod ✭✭✭✭eeloe


    While they are starting that the wage will rise to 1k per week, this is for a very small % of the staff in the factory, there isn't that many actually on the 4 shift cycle that comes with the 33% premium that will bring them close to the 1k a week.

    and even staying that, 1k for 12 hour nights and weekends, is tough on the body, you can only do it for so long before it takes a toll, physically and mentally.



  • Registered Users Posts: 302 ✭✭nomoedoe


    That’s the thing,shift work is bad for peoples health theres been many studies stating this a quick google search will give you all the info ,weather its 8 or 12hr shifts it impacts your whole life ,your mental health is affected your physical health your diet ,family and social life are all impacted by shift work.



  • Registered Users Posts: 3,823 ✭✭✭Hijpo


    But a 10% increase is 10% increase. They are getting 10% more than what they began with no matter what shifts cycle they are on.

    Surely a shift that only has two nights is better than a shift of five night in a row?? And that's why the 33% is there, that's a nice incentive for working shift work, your not going to get many 24/7 manufacturing jobs without shift work. Apparently operators were given the choice to move to four shifts a year ago and turned it down? someone might confirm that? If that's true then they stuck to the worst shift rotation for less shift premium, that was a bad decision if health and pay is a priority.



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  • Registered Users Posts: 302 ✭✭nomoedoe


    Why do you care so much about b&l and what they are earning?,every time theres a thread down through the years about the factory you always show up ,are you a member of management or hr i wonder.



  • Registered Users Posts: 3,823 ✭✭✭Hijpo


    What does that matter?

    I have an opinion on general operators willing to close an entire plant because they want more than 10.8% increase that will put "some" of them on 1k a week without any increased work load.

    If your son or daughter was offered a job in the morning straight out of school and was told they could earn 1k a week, would you spout loads of negatives and discourage them from taking up that employment?



  • Registered Users Posts: 302 ✭✭nomoedoe


    I’m not getting into a debate with a member of management on social media nice try tho ,you wont get any info from b&l workers on here best of luck with it ill leave you be.



  • Registered Users Posts: 3,823 ✭✭✭Hijpo


    Lol you are paranoid

    -edit

    Just had a quick search, it seems iv only ever commented on a covid post about B+L and covid cases.



  • Registered Users Posts: 1,485 ✭✭✭914


    I presume the 1k a week isn't base pay?

    Either way having to do shift work can take it's toll on the body especially night shift or 12 hour shifts.

    Thankfully I don't do shifts anymore but personally for me no money is worth the rotation of days and nights, it completely goes against the natural body clock.

    I think it's also unfair to use the argument, "if your son or daughter were offered 1k", I would presume a lot of B&L employees are employed 10, 20 years plus



  • Registered Users Posts: 241 ✭✭kayevajo


    Worst shift pattern? Id strongly disagree.

    On 4 shifts u work four 12 hour shift. U have no life on those four days. U work four out of 8 weekends. U have 2 days off at Xmas depending how it falls. U don't get bank holidays off unless it falls the right way. It's very unsociable n not for a married person with children imo



  • Registered Users Posts: 3,823 ✭✭✭Hijpo


    Nope its not base pay, is there an employer out there offering general operators 20 euro an hour before shift premium?

    What's not fair about the question? Why would anyone talk their children out of taking a job that pays 1k a week just because its shift. You would be doing well to get 1000 euro a week anywhere straight out of school with no qualifications.

    Not sure what their years service has to do with it, in contrast there's probably a lot of temps in there that were probably looking forward to secure employment after moving from the hospitality sector.

    Sure you can't have any life on two of the three shifts either and you only get two days off in between, four shifts you get four days off. Shift work is tough, no one is denying that.

    Do the bank Holidays get paid extra?

    Seems to be Pay/Life balance and not Work/Life balance.

    Still haven't seen any valid reasons why someone would refuse a 10.8% pay increase and move for industrial action without stating what they want instead of the 10.8% increase.



  • Registered Users Posts: 241 ✭✭kayevajo


    Course you have a life, that's nonsense. U finish a 2pm every 3rd week. On nights they prob get up between 1 n 2. On evenings they've the whole morning to do as they please. That's plenty of spare time when they working, plus off every weekend.



  • Registered Users Posts: 2,204 ✭✭✭combat14


    a 10% increase over 3 years woopdeedoo inflation is off the charts ......



  • Registered Users Posts: 3,823 ✭✭✭Hijpo


    are you an employee in there? Just wondering, iv been accused of being management just for asking questions and having a difference of opinion.

    This isnt about the pros and cons of shift work and the various patterns but personally I would rather four days off in a row to do as I please and quicker turn around having only two abnormal sleeps instead of five.

    Still no valid reason for choosing industrial action over a 10.8% wage increase.

    Anyone have any information on the full offer? It might make more sense to me as to why they are refusing the increase, maybe there is some horrific terms and conditions attached to the back of it that's swaying their vote.

    That's been dealt with.

    Out of interest, if you were in their shoes (maybe you are in their shoes) and turned down 10.8% pay increase what would you settle for? How much of an increase would see you safe from inflation??

    Post edited by Hijpo on


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  • Registered Users Posts: 1,485 ✭✭✭914


    I was referencing the service as I am not aware how it works in B&L, based on your point straight in off the street you get the same salary as someone with 20 plus years service.

    If you are straight in the door then that is a nice take home package. Perhaps a structure could be or could have been in place, x years service means you get x% rise.

    I'd imagine with inflation 10% over 3 years is a worry, I have heard of cuts during the recession years, has all that been reimbursed? If not that it would have be a 10% increase, just a question?



  • Registered Users Posts: 3,823 ✭✭✭Hijpo


    Yeah I'm not sure either, I guess there is some probationary period of a few months like normal then you get paid appropriately once you pass that.

    My understanding from online articles is that there was a 7.5% pay cut in 2014 but a lump sum was paid up out for whatever reason, not too sure on the detail of that, how much and why etc, so open to correction. Then a few years later there was a 9.5% pay increase over three years, now there is a 10.8% pay increase over three years.

    There's nobody coming back with valid reasons as to why they are right to reject the proposals. The ones so far are:

    1. shift work is hard on the body

    2. Some out there philosophical lesson on global markets and multinational companies raking in huge profits and **** on workers

    3. Declining to comment because I'm a manager in there

    4. Three shifts is better than four shifts

    5. The pay increase is not off setting inflation



  • Posts: 0 [Deleted User]


    The 5th is the only valid reason, and needs to be taken into consideration. But, it's hard to bake that into a 3 year plan. For example, if Putin shuffles off this mortal coil and the war comes to a swift end and we all play nice and inflation suddenly drops back to the low levels we've had for years, does the pay increase drop also?



  • Registered Users Posts: 1,485 ✭✭✭914


    So based on that since since 2014 - 2025 (if an agreement was made today) the workers will have seen a 12.8% increase

    Inflation from 2014 to today is 11.58%, which sees and average inflation of 1.38% per year which would have inflation at above 15% come 2025.

    Possibly that is a reason why an increase of 10.8% is being rejected.

    That said it's a pity it's come to this as there never a winning once you reach industrial action. From past experience the majority of time industrial action comes into effect is the result of a breakdown in trust, accountability and openness between management and workers.

    Atmosphere and culture always takes a bit after industrial and generally a place is never the same again.

    Hopefully a resolution will be found soon.



  • Registered Users Posts: 3,823 ✭✭✭Hijpo


    Thats if inflation does increase at your forecasted rate. Also there will be pay negotiations in three years time, probably for another 6% and probably back pay for a time when inflation was not this high. Its swings and round abouts. Im still of the opinion its a decent bump that doesn't warrant this level of action.

    I agree, it's a shame and casts a shadow over both parties in fairness.



  • Registered Users Posts: 29,256 ✭✭✭✭Wanderer78


    10%, happy happy days!



  • Registered Users Posts: 3,823 ✭✭✭Hijpo


    What does that mean? You will have to elaborate if you want to engage proper discussion unless your just trying to bait people?



  • Registered Users Posts: 29,256 ✭✭✭✭Wanderer78


    hahaha, na, it looks like 10% extra is the offer, id call that a success, nice job if it is so....



  • Registered Users Posts: 3,823 ✭✭✭Hijpo


    Interesting, now all they have to do is accept it. Wonder if its close to what they actually want.



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  • Registered Users Posts: 29,256 ✭✭✭✭Wanderer78


    im fairly shocked to be honest, i didnt really expect that amount at all, it clearly shows how much some of these companies have been making, while not increasing pay very much, something isnt right there! id say they ll accept it to be honest, ive never heard of that size of pay rise in one go before, its significant



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