BAA strike is off
Strikes called off as unions ballot on improved pay offer by BAA
24 November 2002
BAA today welcomes the TGWU's decision to call off strike action in order to ballot its members on a significantly improved pay offer.
The new offer provides an average increase of at least 7%* to basic pay over two years, up from 6.3%. This represents an average increase of £1,400, all to be paid in full in just four months time in April 2003.
Commenting on the announcement today, BAA director Tony Ward said: "We are pleased that the TGWU has called off strike action in order to put this significantly improved offer to its members. We are confident that our staff, most of whom do not want to strike, will recognise that the company has responded to their concerns and see this as a fair offer in the circumstances."
Discussions with Amicus, the other union proposing strike action, continue in order to resolve their outstanding issues.
Editor's notes:
* Details of pay offer :
The new offer consists of:
- a 1.7% increase to basic pay, or £400, whichever is higher, backdated to 1 April 2002 (former offer was 1.7% or £250 whichever was higher).
- plus £150 increase to basic pay, back dated to 1 April 2002.
- plus a further £150 increase to basic pay, payable on 1 January 2003.
- The second year increase is 3.5% to basic pay (up from 3% previously) or inflation (RPI) plus 1% whichever is higher. Payable in April 2003.
BAA has a highly qualified and experienced workforce and an unusually low turn over of staff supporting the fact that it is a good employer.
Examples of BAA employee benefits:
competitive salaries
profit share target of £700 per year
high value share save scheme
generous final salary pension scheme
free car parking at all airports
preferential insurance rates
flexible working
competitive sick pay