Rates of Pay & Conditions of Service 2020 – AMCO

Our Ref: BR4/0001/AMCO

8th January 2020

Dear Colleague,

Rates of Pay & Conditions of Service 2020 – AMCO

Further to my previous correspondence on the above matter dated 19th December 2019, following on from the recent pay settlement, I can confirm that the long service awards at AMCO are as follows:-

• After 25 years of continuous service as an employee of AMCO, employees will receive a £1,000 “Motivates” voucher. This non-cash award has no tax implications to employees under current HMRC rules.
• After 35 years of continuous service as an employee of AMCO, employees will receive a TAXABLE long service award of £1,500, payable via the payroll.
• After 40 years of continuous service as an employee of AMCO, employees will receive a TAXABLE long service award of £2,000, payable via the payroll.

All other aspects of the 2020 pay award remain as previously advised.

Yours sincerely

 


Mick Cash
General Secretary