{"id":103940,"title":"BT and unions reach pay agreement","publisher":"Share Talk","author":"sharetalk","published":"2022-11-28T17:03:10+00:00","modified":"2022-11-28T17:03:10+00:00","canonical_url":"https://www.share-talk.com/bt-and-unions-reach-pay-agreement/","markdown_url":"https://www.share-talk.com/bt-and-unions-reach-pay-agreement.md","json_url":"https://www.share-talk.com/bt-and-unions-reach-pay-agreement.json","category":"B2B","categories":["B2B","Business & Support Services","Technology","Technology, Media & Telecoms"],"tags":["broadband","BT","company","connections","cost-cutting","ENERGY","Ofcom","Openreach","Philip Jansen","pretax","Prices","Profits","program","Regulator","Share Talk","telecom","telecoms"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1","format":"news","language":"en-GB","content":"There is peace at BT as the telco group announces a UK Cost of Living Pay Increase that could end strike action at the company.\n\nAll employees earning less than £50,000 per year are eligible for a £1,500 salary increase from BT.\n\nAll frontline BT employees and 51% of UK managers would receive the consolidated salary rise.\n\nhttps://twitter.com/BTGroup/status/1597237229671550976?s=20\n\nIn addition to BT’s earlier increase in pay, it means that the lowest-paid would see a pay hike of more than 15% this year.\n\nBT states that Prospect and CWU unions will hold consultative ballots recommending that people vote for them. If CWU members vote in favour, it would end The first national strike at BT in 35 years.\n\nBT also announced that the 2023 pay review was moved to September next year and will now take into consideration the January Cost-of-living Pay Rise.\n\nBTCEO Philip Jansen was conciliatory, saying:\n\n“This award is based upon the principles that we have followed during this difficult time. It helps as many colleagues as possible, favours lower-paid colleagues, and provides security through a pensionable, built-in increase to your pay.\n\nIt has been developed in collaboration with the CWU. As I have said, our unions, despite our differences, are vital partners."}