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Prudential staff in Reading call off strike after winn...

Prudential staff in Reading call off strike after winning job guarantees

15 September 2016

Two 24-hours strikes by Prudential employees based in Reading have been suspended, Britain’s largest union Unite announced today (Thursday 15 September).

The first of the stoppages was due to start at 00:01 tomorrow (Friday 16 September) over proposals to offshore back office annuity work to Mumbai, but was suspended after Prudential bosses gave guarantees that alternative jobs would be found for those affected.

An indefinite work-to-rule, which started on 31 August, has also been suspended while further talks over the alternative jobs on offer take place with Unite and the 82 people affected.

Commenting Unite regional officer Ian Methven said: “This welcome commitment to find alternative jobs for the people affected by the outsourcing of work to Mumbai has enabled us to call off our industrial action.

“This development would not have been possible without the resolve and solidarity of Unite members working at Prudential. We will now seek to work constructively with Prudential bosses in hammering out the detail and ensuring the alternative jobs on offer are suitable for those affected.”

ENDS

For more information please contact Unite press office on 020 3371 2065 email: shaun.noble@unitetheunion.org or alex.flynn@unitetheunion.org

Notes to editors:

The Prudential plan to offshore work, entitled ‘Project Jupiter’, is the moving of individual annuities servicing and bereavement work from Reading to Mumbai. Prudential has about 1.4 million annuities customers that would require these services in the life cycle of their products. 

The work involved  includes: Overseas payments, overpayments, bereavements, enquiries, tax, power of attorney, bankruptcy, joint life annuities and guarantee annuities. This work has just started on migrating overseas payments with the last work type guarantee due to be completed by March 2017.

  • Unite is Britain and Ireland’s largest trade union with over 1.4 million members working across all sectors of the economy. The general secretary is Len McCluskey.