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No bonuses for unhappy WP staff

Started by sharkbok1 REPLIES643 VIEWS· 21 Dec 2017, 12:00
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sharkbok
sharkbokCaptain23,256 posts
21 Dec 2017, 12:00
#1
21 Dec 2017, 12:00#1

These incompetent fools caused WP Rugby to be liquidated 

due to mass negligence (including SponsorShip agreements). 

This resulted in WP being opened as a brand new company- 

with financial backing from outside of rugby altogether.  This financial sponsor has now ditched the new WP- which is really the same old WP. If things continue, it will not be long before they are getting paid in food vouchers. 

Now the "employees" want high bonuses? What a joke. 

Like Alister Coetzee, they probably do not have performance clauses in their contracts.  

No bonuses for unhappy WP staff2017-12-21 12:58
Thelo Wakefield (Gallo)Related Links

Cape Town - There appears to be unhappiness among personnel of the Western Province Rugby Union regarding bonuses.

And the union, which is struggling financially, is not prepared to negotiate on the matter.

An article on Netwerk24 indicates that only staff on grades 4-7 salary tiers received their annual bonuses (ranging from 6%-100%) in November. The middle and senior executives in grades 1-3 will, however, only receive a 6% increase in March 2018 and a bonus of 50%.

“We have kept to our word that we don’t want to spend 

money extravagantly. We do not want to make a Steinhoff of 

Western Province. Our resources will be reduced if 13th cheques 

are paid over job security,” WP president Thelo Wakefield stated.

Wakefield added that the union was expecting cash injections 

and was planning to repay senior personnel. 

The WP president added that personnel should understand 

the union’s financial position before complaining about salaries.

Piet Heymans, the secretary and spokesperson of the trade 

union Sport Employers Unite, said they’ll be meeting with the

 union in the New Year to discuss the issue.

“WP’s compensation committee recommended that all employees 

get the same increase. Why then change your committee’s own

 decision? It may be an option that those who did not get increases 

will be paid retrospectively, but in that case it should be in writing.”

The WP Rugby Union was forced to liquidate its commercial arm

 last year to evade a multi-million Rand claim from sports marketing 

company Aerios.

The union was then saved by Remgro, an investment company

 which had a 24.9 percent stake-holding in the WP business wing.

However, Remgro announced its withdrawal of financial support 

in early August, leaving WP with R40m debt.

BE
Beeno1Captain40,032 posts
21 Dec 2017, 15:52
#2
21 Dec 2017, 15:52#2

Wake filed is another hapless clown who would be more suited to cleaning toilets than running a rugb y union!

— END OF THREAD —

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