BT PAY 2015
As you will be aware, our 2014 three-year pay agreement with BT contained a clause that in the event of the Retail Price Index (RPI) in February 2015 being above 3% or below 2% then either party could initiate a review of the agreement. RPI in February was reported at 1% and therefore BT did invoke the clause and a review did indeed take place with the CWU.
That review has now been completed and I am pleased to confirm BT has agreed to increase base pay and pay related allowances by 2.5% which is both fully consolidated and pensionable. This pay increase will apply to all team members on NewGRID grades with effect from 1st April 2015 and will commence payment in April 2015 salaries.
Deputy General Secretary (T&FS)