BT Pay 2015
18 April 2015
The three-year pay deal agreed with BT in 2014 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 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 1 April 2015 and will commence payment in April 2015 salaries.