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Royal Mail and CWU one-year pay agreement

1 Jun 2016 15:39

RNS Number : 9377Z
Royal Mail PLC
01 June 2016
 

 

 

1 June 2016

ROYAL MAIL AND CWU ONE-YEAR PAY AGREEMENT

· Royal Mail and CWU negotiators have reached agreement on a 1.6% increase in base salary for all CWU-represented grade employees (including Parcelforce Worldwide), backdated to early April 2016. The CWU will recommend that members accept the offer in a ballot

· Royal Mail and the CWU will quickly begin talks on a range of issues

 

Royal Mail and Communication Workers Union (CWU) negotiators have today reached agreement on a one-year pay deal for 2016-17. The pay deal is subject to a ballot in favour by CWU members. The Union will recommend that its members accept the pay offer.

CWU-grade employees at Royal Mail (including Parcelforce Worldwide) will receive a 1.6 per cent increase in base salary, backdated to early April 2016. The pay increase also applies to basic pay supplements, skills and shift allowances, London Weighting, overtime and scheduled attendance rates.

 

ENDS

Contacts:

Investor Relations:

Catherine Nash

Phone: 020 7449 8183

Email: investorrelations@royalmail.com

 

Media Relations:

Beth Longcroft

Phone: 07435 768549

Email: beth.longcroft@royalmail.com

 

Royal Mail Group press office: 0203 338 1007

 

 About Royal Mail plc

Royal Mail plc is the parent company of Royal Mail Group Limited, the leading provider of postal and delivery services in the UK and the UK's designated universal service provider. UK Parcels, International and Letters ("UKPIL") comprises the company's UK and international parcels and letters delivery businesses operating under the "Royal Mail" and "Parcelforce Worldwide" brands. Through the Royal Mail Core Network, the company delivers a one-price-goes-anywhere service on a range of parcels and letters products. Royal Mail has the capability to deliver to more than 29 million addresses in the UK, six days a week (excluding UK public holidays). Parcelforce Worldwide operates a separate UK network which collects and delivers express parcels. Royal Mail also owns General Logistics Systems (GLS) which operates one of the largest ground-based, deferred parcel delivery networks in Europe.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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