Search / 6 posts tagged PSIS

PSIS squad By: ahmed on August 5th, 2008.   PSIS Semarang squad posed for the photo session prior to the match against PERSIBA Balikpapan on July 20, 2008. The score was 1 - 1. Place: Stadium Jatidiri, Semarang, the homebase of PSIS. Bookmark It »

Talks with PSIS to resolve outstanding issues including pay parity, staffing levels and a 5% pay increase were adjourned last week as the PSIS bargaining team did not have a mandate from their Board to negotiate beyond their previous offer. The PSIS Board will be meeting on 2 May, ahead of further negotiations set down for 7 May.

There has been strong public support for a petition launched late last week calling on the PSIS to drop their claim to limit future wage increases to no more than inflation. The petition was emailed to Finsec members but has also been forwarded on as a significant number of public signatories put their name to the call for fair and freely negotiated wage increases.

Occasionally employers get up to some very strange things. First we have Spotless Cleaning company which last year had to be compelled to accept a nationwide deal that everyone else in the health sector had signed up to, to raise the living wages of cleaners and cooks in our public hospitals.

Ratings agency Standard and Poor’s says liquidity is the key issue it will consider in future ratings of finance companies in New Zealand. “The dual domestic and global credit issues have meant that most finance companies are now struggling to grow, or have decided tactically to curtail new lending to preserve liquidity,” S&P said in its industry credit outlook.

Ratings agency Standard and Poor’s has issued its credit outlook for the finance company sector in New Zealand and has affirmed the ratings of Equitable Mortgages (BB+), Equitable Life Insurance (BB+), Marac Finance (BBB-), PSIS Ltd (BB+), South Canterbury Finance (BBB-) and UDC (AA).