February 4th, 2015

Members have decided to accept the UKIO Pay Offer following a ballot of Unite members in UKIO.

The offer was:-

• 3% Merit Pot – with agreed distribution guidelines for managers
• Minimum FTE Income of £16,717 for London based employees (equivalent of London Living Wage) and £16,300 for employees in Reading and Craigforth
• Equal Pay Audit to be completed in Q3 2015
• Budget of 0.5% for “out of cycle” increases

The result of the ballot was:-

Accept the offer               96%
Reject the offer                4%

Turnout                               38%

 The increases will be effective from 1st April 2015

Posted in Pay, Pru Section news | Comments Off on UKIO Members Accept Pay Offer

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