TELECOMS giant BT has offered a near three-year pay deal to thousands of its staff.
The package will be recommended for acceptance by the Communication Workers Union in a ballot.
Under the agreement, more than 40,000 workers will receive a 2% increase to their base pay from April 1, 2014 along with a flat rate increase of £200 that will be fully consolidated and pensionable, and will see most employees receive an effective increase of between 2.5% and 3.2% in year one. They will then receive a 2.5% increase in both April 2015 and April 2016.
Loading article content
Gavin Patterson, BT chief executive officer, said the agreement would provide "welcome certainty to the company, its employees, shareholders and customers."