Royal Mail has proposed a new three year agreement with the Communication Workers Union (CWU), following a ballot for industrial action last month. The operator will propose an 8.6% pay rise for around 125,000 staff over three years, as well as a lump-sum payment of £300 in December 2013. Royal Mail is expected to come to an agreement with the CWU this week, the result of which will not be affected by its planned privatisation. Chief executive Moya Greene said: […]
Royal Mail has said it is “disappointing” that some 4,900 managers have threatened strike action after rejecting 1.3% pay rise offer.
Royal Mail’s overseas division was still driving business growth in Q1 of its financial year, as letter volumes continued to plummet.
Royal Mail has made an improved pay offer to its management staff, and is to hold two days of meetings with Unite in a bid to end the ongoing pay dispute.