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.
All employees earning less than £50,000 per year are eligible for a £1,500 salary increase from BT.
All frontline BT employees and 51% of UK managers would receive the consolidated salary rise.
We’ve today announced a cost of living pay rise that we’ve been working on with our union partners for all but our highest paid colleagues. Read about our approach here: https://t.co/5oyYQ6mOfu
— BT Group (@BTGroup) November 28, 2022
In 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.
BT 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.
BT 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.
BTCEO Philip Jansen was conciliatory, saying:
“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.
It has been developed in collaboration with the CWU. As I have said, our unions, despite our differences, are vital partners.
