21 May 2019
RMT Press Office:
RMT wins inflation busting two year pay deal and job security on Network Rail
RAIL UNION RMT has secured an inflation busting two year pay deal and job security on Network Rail. The union is writing to the company to formally accept the deal.
Last year Transport Minister Chris Grayling, suggested pay increases for workers should be tethered to the lower consumer price index (CPI), rather than the current retail price index (RPI).
The union’s executive accepted the deal on the recommendation of its Network Rail reps which gives:
· An increase of 3.2% to basic rates of pay including a minimum uplift of at least £555 (pro rata for part time working).
· With effect from 1 January 2020, an increase to basic rates of pay of the value of the increase to the November 2019 Retail Price Index (RPI) published in December 2019. This will include a minimum uplift of at least £575 (pro rata for part time working).
RMT General Secretary Mick Cash said;
“We have negotiated an inflation busting deal with Network Rail which maintains a link to RPI and gives a minimum uplift of wages.
“I’d like to congratulate the RMT reps who ensured that we have a decent two year deal with job security for our members.”
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Tagged with: network rail, pay rise, rpi, cpi
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