Inflation-busting pay deal averts UK Royal Mail strike
The Royal Mail and union leaders hammered out a pay and productivity deal yesterday to avoid the first national postal strike for a decade.
The agreement was struck amid claims by the Communication Workers Union that it delivered “key aspects” of the organisation’s vision for postal workers and management arguments that it involved only “small elements of new money”.
After eight weeks of talks, the deal means the basic pay of workers will rise by 3.9 per cent. The Royal Mail said more than pounds 25m would be paid to postal workers in productivity payments this year on top of an above-inflation wage increase.
Read More
