Following months of hard bargaining between the Communication Workers Union (CWU) and the Royal Mail an agreement has been struck that appears to suit both parties.
Postal workers walked out last year throwing the UK postal service into chaos and threatening the future of the mail service that businesses and the general public have relied upon for many years.
It now appears that talks between the CWU and Royal Mail have achieved their purpose and the deal which gives postal workers greater job security, a shorter working week and a 6.9% pay rise over three years has been accepted by both parties.
There has also been agreement to plans by the Royal Mail to substantially transform the business and services over this three year period.
The CWU said workers will also receive lump sums of about £2,500 as well as weekly pay supplements and other improvements such as extra maternity and paternity pay, through the agreement.
Royal Mail boss Adam Crozier said: “This agreement is good for the business as it allows Royal Mail to get on with its modernisation, it’s a good and fair deal for our people, and it’s a good deal for our customers as it ensures stability over the next three years.”
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