Staff rewards cut reversed by Vodafone

Date: 02/06/2009

Employee anger has resulted in Vodafone doing an about-turn on its decision to cut its reward and recognition scheme during the recession.

It found that the backlash by workers was enough for it to reconsider its announcement that all 10,000 of them would have wages frozen or receive any incentives for the year overall.

Vodafone's announcement comes soon after the company revealed that it had £4.1 billion pre-tax profits despite the current economic downturn.

New bonuses handed out by the organisation are to be two per cent of current wages as part of its new recognition programme.

Guy Lawrence, chief executive of Vodafone, told employees in a confidential memo: "We need to implement a lot of change to turn around our company and because we see people embracing that, we are giving you a reward that says well done and thank you for the work you did last year."

On January 1st 1985, Vodafone made the UK's first mobile phone call.

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