#HPE is great at posting how good it is to everything - apart from its #unitedkingdom pensioners. Currently, #HPE management won't even talk to the pensioners association to explain why they have refused to grant any cost of living increases to the pensions in 19 of the past 21 years #pre1997Pensions #pensionpoverty https://lnkd.in/eFGTVmiU
Great company culture ✔️ Work-life balance ✔️ Team member loyalty ✔️ For the third year in a row, HPE is ranked #2 by Great Place to Work® on Fortune’s list of Best Workplaces in Texas. 🏆 https://hpe.to/6044gqdPC
Peter Brand
2mo
This kind of hypocrisy is rife. See also BP, Shell, Exxon, the list is growing.
Steve Palmer
2mo
I agree - HPE certainly talks the talk but doesn’t walk the walk…….
Vincent Tam
2mo
This is the same playbook for all major companies on their action on pensions. Seems like there is a joint agreed strategy between all of them. Pensioners unite! #bppensions
Private Residential Landlord
2moJohn Corne, companies such as Hewlett Packard Enterprise, bp & Shell appear to have a common goal. 𝑾𝒉𝒚 𝒅𝒐 𝒘𝒆 𝒆𝒙𝒑𝒆𝒄𝒕 bp 𝒕𝒐 𝒂𝒅𝒎𝒊𝒕 𝒕𝒉𝒆𝒊𝒓 𝒎𝒊𝒔𝒕𝒂𝒌𝒆𝒔? bp's Code-of-Conduct (CoC) talks about accountability stating, “𝘞𝘦 𝘧𝘰𝘭𝘭𝘰𝘸 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘰𝘯 𝘰𝘶𝘳 𝘱𝘳𝘰𝘮𝘪𝘴𝘦𝘴. 𝘞𝘩𝘦𝘯 𝘸𝘦 𝘤𝘢𝘯’𝘵 – 𝘰𝘳 𝘮𝘢𝘬𝘦 𝘮𝘪𝘴𝘵𝘢𝘬𝘦𝘴 – 𝘸𝘦 𝘰𝘸𝘯 𝘪𝘵” bp former employees earned a pension as part of their total remuneration package and based on a promise of protection from inflation. bp Leadership blocked increases recommended by Trustee and it is clear to pensioners, MP's, media and almost everyone, that the most likely motivation is to build and maximise the accounting surplus in anticipation of a sponsor surplus withdrawal. As pension sponsor bp have a fiduciary duty to act to the benefit of ALL beneficiaries. Leadership excuses have all been discredited and are fooling no one. Their actions were and still are a mistake. Remember the Code-of-Conduct... “𝘞𝘦 𝘧𝘰𝘭𝘭𝘰𝘸 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘰𝘯 𝘰𝘶𝘳 𝘱𝘳𝘰𝘮𝘪𝘴𝘦𝘴. 𝘞𝘩𝘦𝘯 𝘸𝘦 𝘤𝘢𝘯’𝘵 – 𝘰𝘳 𝘮𝘢𝘬𝘦 𝘮𝘪𝘴𝘵𝘢𝘬𝘦𝘴 – 𝘸𝘦 𝘰𝘸𝘯 𝘪𝘵” bp your ownership of this is overdue. #BPpensions #bp