Access Control Systems using Power over Ethernet (PoE) Technology from Borer
Borer Data Systems - Power over Ethernet Access Control
 
 

News

spacer
 
spacer
   
spacer
   
spacer
   
spacer
   
 
  Borer Data Systems - Access Control | Attendance Management | ID Badge Production | Visitor Management
 
About Us
 
Products
 
News
 
Support
 
Contact Us
 

Industry News Articles

Monarch workers accept pay cuts to help secure firm's future

25 September 2014

Monarch employees have all accepted pay cuts of 30% in order to secure the companys future.

The company is currently in discussions with investment firm Greybull Capital, with plans to convert it into a low-cost airline. In a show of support for the firm, it was revealed that all staff members had voted to accept major reductions on pay and terms and conditions.

All areas of the business will be affected by the changes and salaries will be reduced by up to 30%. Employees will also experience changes to working patterns as well as other conditions.

The Monarch board announced that Greybull Capital was the ideal bidder to acquire Monarch from the current shareholders.

Andrew Swaffield, CEO at Monarch, believes that the vote "represents another step forward in our efforts to transform Monarch and the vote signifies a commitment from every member of the Monarch workforce".

Borer's FUSION Time Recording System

With a high number of employees on payroll, using Borer's FUSION Time Recording System will help reduce management involvement and the administrative effort required to manage a time management scheme.

It is labour demanding to manage and maintain a centrally administered or paper based flexitime system. Invariably, queries arise in relation to flexi balances and the process can become a very complicated one, particularly for the HR department.

Implementing an automated time and attendance system makes things very easy for both employees and their managers alike.

return to top
Access Control Systems using Power over Ethernet (PoE) Technology from Borer