BrewDog: yet another hip company using 'rebel' language to sell its stuff
- Thread starter treelover
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ElizabethofYork
Old Crone
Statement released by Brewdog boss
www.thenational.scot
BrewDog boss issues statement amid backlash against staff wage changes
THE chief executive of BrewDog has issued a statement amid a backlash against plans to stop paying the Real Living Wage to new employees ...
Spymaster
Plastic Paddy
Statement released by Brewdog boss
BrewDog boss issues statement amid backlash against staff wage changes
THE chief executive of BrewDog has issued a statement amid a backlash against plans to stop paying the Real Living Wage to new employees ...
As I've been saying:
People here just don't understand what they've been posting about.
Orang Utan
Psychick Worrier Ov Geyoor
It IS a pay cut in real terms because of the sharp increases in the cost of living, just like my recent 2% payrisenis still effectively a pay cut, even when backdated til April 2023. Many of my colleagues are fooled by this and considered the backpay, issued on payday in December, to be a Christmas bonus.
Spymaster
Plastic Paddy
That's not what people have been meaning though. There've been media posts suggesting that people's salaries will go down, and that's what they've bought into. And that still misses the point doesn't it?
Krtek and the gang have been up in arms because BD have withdrawn from a voluntary agreement to overpay their staff by industry standards, even though they continue to do so, albeit not as generously as they did over the last 10 years.
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equationgirl
Respect my existence or expect my resistance
Aye, if the pay raise isn't matching or beating the rate of inflation, it's still a pay cut in real terms.
editor
hiraethified
The piece of fucking shitStatement released by Brewdog boss
BrewDog boss issues statement amid backlash against staff wage changes
THE chief executive of BrewDog has issued a statement amid a backlash against plans to stop paying the Real Living Wage to new employees ...
equationgirl
Respect my existence or expect my resistance
He gives nil fucks about any of his emoyees. Blatantly nil fucks.
brogdale
Coming to terms with late onset Anarchism
On the contrary, I think that many on this thread understand completely that, in order to make themselves attractive as an investment opportunity with their impending IPO, the business has to ensure that on-going labour costs are lowered in order to achieve the profits necessary to secure the dividends that investors expect.
equationgirl
Respect my existence or expect my resistance
Yes, the business will have been trimming costs wherever possible over the past few months to make the business look as attractive as possible on paper to maximise the chances of a successful IPO or external investment.
When did they sell a large chunk to that hedge fund or whatever it was? An IPO is an expected exit strategy.
When did they sell a large chunk to that hedge fund or whatever it was? An IPO is an expected exit strategy.
Spymaster
Plastic Paddy
22% in 2017. It was a yank private equity outfit.
Spymaster
Plastic Paddy
Because he went on holiday?
This is straw clutching after the frothy real living wage fiasco, isn't it?
Spymaster
Plastic Paddy
And they've done it whilst still paying staff significantly more than almost all of their competitors. Genius!
brogdale
Coming to terms with late onset Anarchism
They've done what?
Funky_monks
Neo-Rustic
Wasn't there a perfectly sane conversation about the merits of Mild earlier on in this thread, what's all this Brewdog nonsense?
Boris Sprinkler
Dont be scared
Spymaster
Plastic Paddy
BD staff are still paid significantly more than almost all of their competitors staff despite the company withdrawing from the RLW scheme.
brogdale
Coming to terms with late onset Anarchism
Spymaster
Plastic Paddy
Whatever you suggested.
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brogdale
Coming to terms with late onset Anarchism
that they're cutting labour costs to maximise the profit necessary to ensure the prospect of dividends attract enough IPO investors.
Spymaster
Plastic Paddy
They’re looking to control operational costs. With an IPO on the horizon it’s not a huge stretch to assume that’s informing their decisions.
brogdale
Coming to terms with late onset Anarchism
Yeah, cutting wages.
Not "genius", then?
Spymaster
Plastic Paddy
The genius bit is them doing that whilst still paying their staff more than any of their competitors.
brogdale
Coming to terms with late onset Anarchism
Oh, it's more than "any" now, then?
Your unsubstantiated claims are becoming ever more strident.
Spymaster
Plastic Paddy
Oh, it's more than "any" now, then?
Your unsubstantiated claims are becoming ever more strident.
Haha! Ok, you can have that
20 - 1
equationgirl
Respect my existence or expect my resistance
So given the hedge fund lot bought a chunk in 2017, ignoring the COVID years (say 3 for the sake of argument) then seeking an exit after year 4 onwards is a typical strategy - if it makes a certain amount of money
teuchter
je suis teuchter
I'd recommend that everyone look up the pubs they go to here. You can set it as a map view. If your favourite pub is not shown, then boycott it, if you are serious.
www.livingwage.org.uk
If someone else makes a claim about a particular pub you can check it there.
It's interesting to see how few pubs in Brixton show up: in fact almost none.
Accredited Living Wage Employers | Living Wage Foundation
www.livingwage.org.uk
If someone else makes a claim about a particular pub you can check it there.
It's interesting to see how few pubs in Brixton show up: in fact almost none.
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