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RATES OF PAY & CONDITIONS OF SERVICE 2017 - SERCO LONDON CYCLE HIRE SCHEME (TfL/0001/SLCHS)
Further to my previous Circular (IR/385/17, 1st September 2017), the referendum has concluded with members voting as follows:-
Question: Are you prepared to accept the Company's offer?
Total Votes Cast… 14
Number Voting 'Yes'… 13
Number Voting 'No'… 1
Spoilt Papers… 0
The National Executive Committee has considered this matter and taken the decision to inform the Company of our acceptance of the offer. I have asked that the increase and backdated monies, are paid to members at the earliest opportunity.
For your ease of reference, the pay deal is as follows:-
A 2.5% increase, effective 1st April 2017 and a commitment to enter into talks in October 2017 on reducing the working week from 40 hours to 35 hours without loss of pay.
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