Exterion Media members accept pay offer

RATES OF PAY & CONDITIONS OF SERVICE 2016 – EXTERION MEDIA (LUL/0001/EM)

Further to my previous Circular (IR/237/16, 12th August 2016), the referendum regarding the above has concluded with members voting as follows:-

Question: Are you prepared to accept the Company’s offer?

Total Votes Cast                8

Number Voting ‘Yes’           8

Number Voting ‘No’            0

Spoilt Papers                     0

This matter has been considered by the National Executive Committee, which has taken the decision to inform the Company of our acceptance of the offer. I am currently acting in accordance with this decision and for your ease of reference, the pay deal is as follows:-

  • Year One: An increase of 2% effective from 1st April 2016
  • Year Two: An increase of 1.5% effective from 1st April 2017

In addition, management are offering a £300 one-off payment in recognition for hard work on the previous contract and there will be no changes made to terms and conditions.