Partnership deal pays off for ETOL

first_imgPartnership deal pays off for ETOLOn 5 Feb 2002 in Personnel Today Previous Article Next Article Utilities firm ETOL is saving nearly £4m a year through its partnershipagreement. The company, bought by the now bankrupt Enron from ICI in 1999, set up itsagreement in 2000 in a bid to improve employee relations. ETOL HR director George Ritchie told the AnUMan conference the agreement hasbeen so successful it saves the firm £3.8m a year. The move has improved the company’s communication with union representativesfrom the MSF and AEEU (now Amicus) and T&G, leading to greater transparencyof knowledge. Ritchie said this allowed the unions to be involved in the problem-solvingprocess. The partnership agreement has resulted in a two-year pay freeze, increasedworking hours, improved shift flexibility and an agreed redundancy programme. “The plant needed a culture change,” Ritchie explained.”People on the ground did not feel they owned anything, nor did they trustanyone including trade union officials. They were disconnected with what wenton. “When the plant was sold employees started to get more involved asissues would be localised, so the buck could not be passed by thecompany.” He told delegates the success of the scheme has helped ETOL attract over£26m in additional investment. The firm has used some of this revenue to offer private medical insurance toemployees. It has also invested £500,000 in staff training and development. In a bid to improve IT skills at the firm employees have also been given theoption of a free home computer and printer, for a £10 yearly lease. Comments are closed. Related posts:No related photos.last_img read more