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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
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The Markets
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Proactive UK has moved.
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Telecoms

BT pay offer refused as 'derisory' by trade union

A BT Group PLC (LSE:BT.A) staff pay offer has been rejected as "derisory" by one of the sectors largest trade unions.

Members of the Prospect union working for BT overwhelmingly rejected the pay offer of a 1.28% pay rise for 60% of managers, less than half the rate of inflation, with 28% getting no pay rise at all.

Of members who voted on the pay offer, 96% reject it. Turnout on the vote was 68%.

Rachel Curley, Prospect's deputy general secretary, said: "This overwhelming rejection of what is a derisory and insulting pay offer shows the strength of feeling among our members.

"We have notified the employer of our rejection. It is now time for BT to negotiate a fair award for Prospect members and show more respect for their managers."

She said members will meet in the coming days to discuss the potential next steps.

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