The two sides had initial talks on the charter last Monday after CWU members voted this month to ratify their industrial relations deal, drawn up to end years of strife. The union has made it clear that it wants
The charter was mentioned briefly in the legal agreement announced in December, but
"For me it's about setting out very clearly what the values and principles are of this company. We want it to demonstrate that we are up for growth, innovation and change but on the basis of the highest possible employment standards and service levels," Ward said.
In addition to agreements on pay and pensions, the union secured undertakings from
The government sold a 60% stake in
The union wants to cement an abiding set of principles to prevent new management imposing harsher conditions after the current deal expires. It also wants to guard against new investors such as hedge funds putting pressure on management to take on the union once the government's remaining stake is sold.
"The main downside for managers is it gives the union a set of values they can throw back at you and to tie you in to a particular type of process. In some situations managers may think they need to act more quickly and be more decisive."
The two sides will lock horns over how specific the charter's terms will be. The vote to shareholders is not yet agreed but the union has made it clear that is what it wants.
Most Popular Stories
- Dmytro Firtash, Ukrainian Billionaire, Arrested in Vienna
- Obama, Ukraine Discuss Russian Incursion in Crimea
- Obama's Overtime Initiative Praised, Condemned
- Republicans Warn Obama on Immigration
- Liberty Media Drops Sirius Bid
- Lady Gaga Roasts Self on Spit at SXSW
- West Readies Harsh Sanctions Against Russia
- Drake Wins Big MTV's Woodie Awards at SXSW
- Calumet Photo Files for Bankruptcy
- Uli Hoeness, Bayern Munich President, Gets Prison for Tax Evasion