Fisher & Paykel Healthcare CEO Lewis Gradon has a plan to double revenue every five years. He explains how the company will do it while keeping margins at 65 per cent.
One of the country’s biggest companies will enter talks with factory workers tomorrow.
A union says strike action and a simultaneous overtime ban will follow if Wednesday’s mediation talks fail.
“It has been going really well. We’ve had good numbers turning out. Today we’ve got our last picket at 3 to 5,” E tū industrial organiser Mohammed Faiaz said today.
“We want a real growth in wages.”
Mediation with MBIE acting as mediator was scheduled for tomorrow, he said.
The company previously told the Herald it was committed to developing a “fair, sustainable and flexible” agreement with workers.
“We have had strong relationships with our unions over more than 20 years and are disappointed that we have not yet been able to reach an agreement,” the company said last week.
A company spokesman at that time said the picketing was not expected to cause any disruption to customers.
He said the company acknowledged challenges from cost of living increases, and was committed to paying people fairly.
E tū has said some disagreements emerged over whether staff should be paid overtime when starting earlier or finishing later than their normal full shift.
John Weekes is online business editor. He has covered courts, politics, crime and consumer affairs. He rejoined the Herald in 2020, previously working at Stuff and News Regional, Australia.
