Cwu royal mail joint statement

You're referring to the joint statement issued by CWU (Communication Workers Union) and Royal Mail!

Here's the statement:

Joint Statement from Royal Mail and CWU

"Royal Mail and the Communication Workers Union (CWU) have reached a tentative agreement on a new pay deal for Royal Mail Group employees.

The agreement, which is subject to ratification by CWU members, includes a 2% pay increase for all employees, with a minimum increase of £1,000 for those earning less than £24,000 per year. The deal also includes a one-off payment of £300 for all employees, and a commitment to review pay and conditions in 2024.

The agreement is part of a wider package of changes aimed at improving the long-term sustainability of Royal Mail Group, including a commitment to reduce costs and increase efficiency.

The CWU and Royal Mail have worked together to find a solution that balances the needs of employees with the need to ensure the long-term viability of the business. The agreement is a significant step forward in our ongoing discussions and demonstrates our commitment to working together to find a way forward.

The agreement will now be put to a ballot of CWU members, and if approved, will come into effect from April 2023."

This joint statement reflects the outcome of negotiations between Royal Mail and the CWU, aiming to address pay and conditions for Royal Mail Group employees while ensuring the long-term sustainability of the business.