Sarah, I recently had a meeting with one of the representatives of the workers union and the factory workers are demanding an increase in their wages, could you please check if the company would survive such an expense at this time?
No Problem Mr Peter , I have all the relevant figures on my computer and will be able to report that to you in an instant
Mr Peter as you can see the figures for the company are only allowing an increase of 6% per factory worker as our revenue had dropped drastically due to the Covid-19 pandemic
If the workers do not accept our 6% and decide to go on strike then our business will be in massive debt due to all the unproductive hours, i need to think of a plan should the workers decide to strike
The CEO has a meeting with the financial manager of the business to listen to discuss a breakdown of company financials in order to decide if it would be possible for the business to meet the wage demands of the factory workers.
Hi Matthew, I have had a look at the company financials and unfortunately we are unable to give you the increase you wanted , instead we can offer a 6% increase?
The company financial manager explains to the CEO that the company can only afford to give workers a 6% increase if it wants to continue operating.
With all due respect Mr. Peter, the workers are struggling to make ends meet and if you do not meet our wage demands we will strike and jointly withhold labor from operations at the factory
The CEO tells the financial manager of the company that the company will not survive a strike in the next month and says it is best to offer the 6 % rather than for the company to continue losing hours of productivity within the factories.
I completely understand your frustration Matthew, however should the workers proceed with the strike they might be left jobless as the company can not afford a strike at this moment.
Mr Peter the CEO is breaking the news to the worker representative of the workers union stating that he will be unable to give the workers the wage increase they are demanding and instead gives a counter offer.
The representative of the workers responds to the CEO of the company by threatening a strike and mentions that factory workers will stand together in jointly withholding labour.
Mr. Peter explains to the worker representative that the workers may strike but they would be without an increase or a job should they decide to strike as the company would go bankrupt and have to retrench workers in order to survive.