BT Pay Rise 2023 & 2024 – What it means to you
Sep 1, 2023
As you know there’s a multi-year proposal for your pay, which the CWU’s Executive believe represents a fair deal against current and projected future inflation and provides you with certainty for the next 18months. Discussions to resolve all current unagreed pay and grading issues are taking longer than anticipated due to their complexity, therefore securing a pay rise for you to provide certainty about your pay whilst these discussions continue was paramount.
You will get a vote on the proposed pay increase via a consultative ballot. It is recommended that you vote to accept. The pay proposal will give you:
A 2.5% pay increase that is fully consolidated and pensionable from 1st September 2023 – which together with the £1500 received on 1 January 23, represents between a 5.8% -9.65% pay rise.
A further 4% pay increase that is fully consolidated and pensionable from 1st April 2024.
The next pay review will be 1st April 2025.
The ballot is scheduled to commence on: 31st August and close on 12th September – look out for an email from Popularis in your work email
Both pay rises are consolidated which means firstly, it increases your hourly rate of pay which flows through to pay related payments such as overtime, bank holiday premiums and pension. Secondly it means the April rise of 4% will be compounded on top of the 2.5% rise in September. This is on top of the £1500 consolidated pay rise applied in January 2023. It is worth noting that the treasury long-term economic forecasts are predicting between 2.5% - 3.2% in 2024. Whilst you are voting on something that’s seven months away, should the economic conditions change significantly, BT has agreed that we will get back into negotiations.
All of this means that between April 2022 to April 2024 all team members will have received between circa 14%-23% pay rise, something that would not have been possible without the tremendous action members took last year. To help you understand what it means for you, the a table has been included with out email to you on 25th August that provides you with examples for the most populated grades.
This is the company’s final offer and it is best that can be achieved via negotiation. Given this, we strongly recommend that you cast your vote to accept the proposed pay increase.
Yours sincerely
Andy Kerr
Deputy General Secretary T&FS