FAME statement on setting sector wages and withdrawal from the IWG

In the past, FAME has been approached to take part in various proposals to set wages, usually through the Industry Working Group (IWG), and FAME has always declined to participate. However, recently, we were alerted to the possibility that even being a member of the IWG may lead to a breach of competition law. As a result, FAME have consulted with solicitors, at two different law firms, on the legality of coordinating pay. Below is a summary of those discussions and an explanation as to why FAME has withdrawn from the IWG.