Bear in mind that this deal is not finalised, even if we accept it, until the August RPI is in.
If the Aug RPI is less than -3.5% (more negative), then the union have agreed to speak to management i.e. the 2% will be under threat.
So, a pay rise that should be based on last years RPI will be reneged if this years RPI is less than -3.5%.
Who is silly enough to give that remit to management by voting yes?
9%+ for Barron, £millions in dividends, but a poor pay rise, possibly getting poorer, because NATS is worried about cash flow. Anyone who thinks management are being fair and 'working together' need their head examined.