Medas faces union threat over wages

Medas faces union threat over wages

Media Accounting Services, the company that provides accounting and related services to the BBC, has been hit by a dispute over the wages of finance staff.

BECTU, the Broadcasting Entertainment Cinematograph and Theatre Union, is understood to be balloting members this week over possible industrial action at the company, which took over the employment of 400 BBC finance staff in 1998.

A source at the BBC told Accountancy Age.com that the dispute concerned BBC staff who transferred over to Medas, but are still being covered by BECTU, to which around one in ten of the 400 belong.

The impasse is understood to focus on plans by Medas to change its pay structure to include market rates and salary banding, among other things. BECTU wants a simple percentage increase for its members.

In a statement, Medas confirmed that it was currently developing a new pay strategy for its staff as part of its strategy to ‘modernise its working practices’.

It added: ‘BECTU has raised some concerns over the changes from the current pay strategy of flat rate increases.’

BECTU’s offices indicated that the results of the voting ballot would be known on 18 September. No union officials, however, were available for comment as they are currently attending the Trade Union Congress in Brighton.

The BBC told AccountancyAge.co, it was an issue for ‘Medas’ and declined to comment.

Medas was formed in 1997 as a joint venture between Big Five firm PricewaterhouseCoopers and global IT services company EDS to primarily provide financial transaction processing, systems support and assistance in the implementation of SAP at the BBC.

Links

BECTU Online

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article