GPMU and BPIF reach wage agreement

News by

15 February 2002

The GPMU and BPIF have reached a proposed basis of settlement for this years national wage agreement. The 2.16% increase will mean a 4.99 weekly rise for Class 1 workers, 4.49 for Class 2 and 4.09 for Class 3.

The agreement also provides for a working party to be set up to examine issues related to work-life balance.

Both parties said there was a determination to reach an agreement due to the industrys current problems, and that the agreement would help provide stability as well as improve productivity and efficiency.

The agreement is subject to endorsement from the GPMU Executive Council and BPIF National Council.

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"Sorry to read this, a big name to go down, hopefully a lot of the £1.8M was insured. We are recruiting operational staff & currently in-talks to assist the clients with immediate requirements."