Unite the union is threatening strike action over why some pension contributions are missing from XPO Logistics UK employees’ pensions pots.
According to the union, members are seeing pension deductions from their pay packets, but have not seen anything credited to their pension pots.
The problems were first reported when the company switched payroll provider and now Unite is “calling on executives to instigate a vigorous investigation”, after a lack of action from the group.
Unite national officer, Matt Draper, said: “We know that three times in the last nine months some people have had their pension contributions deducted, but the monies have not been credited to their pension ‘pots’.
“Obviously, we take this matter very seriously as this is money for our members’ retirement incomes. We can’t allow these contributions ‘to go walkabout’ somewhere in XPO’s labyrinthine financial structures.”
The US based “logistical giant” has roughly 100,000 employees across 32 countries, with nearly 3,000 based in the UK.
Company executives told attendees of a recent annual general meeting that it was working with anyone affected to stop the error reoccurring.
“However, because this has happened too many times, warm words are not enough – we want cast iron guarantees this won’t happen again,” Draper added.
“Members’ discontent is rising and there have been calls for industrial action ballots across XPO’s sites if the company can’t resolve this issue quickly. We do know that our members working on the B&Q contract in Doncaster want to be balloted because this has happened more than once.”
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