Labour Court recommends £50,000 salary for FBD Life And Pensions Limited financial controller

In 2001, the Labour Court recommended that a Financial Controller at FBD Life And Pensions Limited receive a salary of £50,000 from 1 January 2001. The recommendation was signed on 2 August 2001. The worker said his salary had not kept pace with market rates and his workload had increased. The company said his remuneration reflected his role and was above the market rate. The Court accepted the company’s position on its review system but said reviews had generally failed to reflect wage-round movements. It also recommended that future reviews reflect at least the terms of the Programme for Prosperity and Fairness, and that the parties discuss his remuneration and prospects for further development.