RMT Rejects London Underground's Latest Below-Inflation Pay Offer
Submitted by Janine on 10 August, 2011 - 20:05RMT General Grades Committee decision:
We reject the latest offer from London Underground on the following grounds:
- The revised offer of 5% for this year is still below the February RPI figure of 5.5% and is thus a real-terms pay cut. It is important that pay rises keep pace with, or preferably exceed, price rises, and that the same month's RPI figure is used each year in order to track price rises year-on-year.