existentialist
Tired and unemotional
Well, TBF, you did do rather a good job of demonstrating the assumption that it wasn't the case.I think everyone realises that
Well, TBF, you did do rather a good job of demonstrating the assumption that it wasn't the case.I think everyone realises that
The two main jobs i've had in the last 6 years, neither could, or can now, pay it. They would both have to close and i'd be out of a job. They can pay more than min wage though. I'd love them to pay more, but we can't afford it. And thats true for lots of small businesses.
Brilliant writer, journalist and Brixton local Will Self joined us on our picket lines during our last strike date. He really hit the nail on the head when it comes to low pay and the #Solidarity from the local community in Brixton.
https://m.facebook.com/story.php?story_fbid=453415331461514&id=356850264451355
Via @RitzyLivingWage @bectu
Big business, small wages
In 2012 the Picturehouse chain was bought by Cineworld in a deal worth more than £47m which reportedly made senior executives substantial sums of money. This tie-up was followed soon after, in January 2014, by the merger of Cineworld with Cinema City International which operates venues in Poland, Israel, Hungary, Czech Republic, Bulgaria, Romania and Slovakia.
The Picturehouse chain is reportedly engaged in a substantial expansion programme.
Despite this the company's management is resisting the union's claim and has even asked why part-time staff - who it would appear the company believes have less need of money because they work part-time - are so focused on achieving the London Living Wage.
Workers at the Ritzy - where 85 per cent of union members voted in support of strike action - have taken three days of strike action this month (April).
On each of the three days management has abandoned any attempt to keep the venue open preferring to lose revenue rather than work to resolve the dispute.
Next week's strike will hit the scheduled live relay of King Lear from the National Theatre.
"We sincerely regret the inconvenience to patrons planning a night out. However we also know that Ritzy customers understand the importance of this campaign and that they want us to succeed," commented BECTU general secretary, Gerry Morrissey.
one job was a co-op which i was a "director" of (as were all staff members) and the second, where i am still employed, is under workers control- in both the staff in effect collectively do the accounts and set the wages ourselves. Its no fiddle, i promise you thats as much as can be afforded.What evidence did your previous employers produce to show you higher pay would mean they would close?
Small business types always say they cannot pay more in my experience.
They compete with each other. Which means they drive down costs. Then they tell you they cannot pay that much.
Cineworld had been privately held by the Blackstone Group, who bought it in 2004, then took it public with an IPO in 2007, with the company going on the market then at only about half the price which its shares command today. Blackstone then sold their entire interest later in 2010.
Cineworld shares closed at US$7.30 per share (445 pence per share) on Friday, on the London Stock Exchange, up 13% on the news of both the acquisition and the rights offering. This is doubly impressive, as both kinds of transaction can sometimes have the opposite effect on a company’s shares. With almost exactly 150 million shares outstanding this now currently values Cineworld itself before the deal closes at over US$1.1 billion (£670 million). Cineworld had been privately held by the Blackstone Group, who bought it in 2004, then took it public with an IPO in 2007, with the company going on the market then at only about half the price which its shares command today. Blackstone then sold their entire interest later in 2010.
48 million shares will be issued by Cineworld under the new rights offering and, in order to give the Cinema City shareholders their 24.9% holding under the deal even after the dilution of the rights offering, a total of 65.5 million shares will be issued to them at closing. Thus once all the dust settles from both transactions there will ultimately then be a total of 263.5 million Cineworld shares outstanding. Hence, if the Cineworld share price continues to hold up at somewhere near its Friday close, the market capitalization of the company’s shares post-acquisition, and post-rights offering, could be as high as about US$1.9 billion (£1.17 billion).
. it is well documented that one effect of this most recent crisis is that people have taken pay cuts rather than lose their jobs - i feel the same way about LLW
The Albert was packed full of Ritzy workers last night. I'm miffed I missed their picket yesterday - they said that they were joined by striking teachers and they went on a walkabout around Brixton in a show off solidarity. Anyone get any pics?
We have confirmed that our next Strike Date will be this Saturday 7th June from 6am to 3am on Sunday 8th June. We will be picketing outside The Ritzy from about 10am and hope to see you there.
We are hugely disappointed by the massive breach of trust with Picturehouse Cinemas this week, who pulled out of peace talks at the last minute and have imposed a pay rise of 29p per hour for most Ritzy Workers that will keep our pay below the poverty line in London.
We had notified them of our strike date this Saturday last week but, in an act of good faith, had not gone public with it pending the negotiations that had been set for today. Picturehouse management have acted completely unreasonably and outrageously in leaving it until the very last minute to cancel our negotiations se we need your help to get the message out.
PLEASE SHARE!!!!
Industrial action is resumed at Brixton cinema as management cancel peace talks.
BECTU members at the Brixton Ritzy Cinema are now due to go on strike from 6.00 a.m. on Saturday 7th June following a shock decision by management to pull out of talks about the London Living Wage.
BECTU will also be calling on the Trades Union Congress, and unions in the entertainment industry, to organise a boycott among their members of all UK cinemas operated by PictureHouse, which runs the Ritzy.
The management turnaround happened swiftly and unexpectedly. After five days of strike action to win payment of the £8.80 per hour living wage, members at the iconic South London venue were promised talks on Wednesday 4th June, when the operator, PictureHouse, owned by multi-national screen giant Cineworld, was expected to offer the full rate by October 2015.
However, just a day before the planned talks, PictureHouse announced to staff at the Ritzy that the company had cancelled the negotiations with BECTU, and instead of reaching agreement on the living wage of £8.80, would impose a 29p per hour pay increase on basic rates for staff, leaving them on £7.53 an hour.
Man's a legend.Luke Massey@luke_mas
Amazing to see Eric Cantona supporting the @RitzyLivingWage strikers! Image by @philjoneswired. pic.twitter.com/RcLrkPMtEW
9:34pm · 7 Jun 2014 · Twitter for Android
He is not a man. He is CantonaMan's a legend.