2026 Pay Negotiations Update
Posted on:
Dear Members,
Following you rejection of the previous pay offer your negotiating team have got back round the table and secured the following improved offer:
- An increase of 3.3% on all elements of pay except the first aider allowance and overtime pay
- The ‘Xmas box’ payment to be incorporated into core pay permanently. It is essential that this is done, as our new people IT system, being introduced later this year, is not configured to administer the Xmas box in its current format.
- A new, non-contractual bonus scheme, aligned with the staff and management bonus scheme with the following features:
- An annual scheme with 2 payments made in June and December of each year, but in all other aspects aligned to the Indirect colleagues’ scheme
- Bonus objectives based on overall business performance, not site specific, to ensure fairness and consistency
- This replaces the performance bonus scheme currently in place
- The maximum bonus will be a fixed amount and is increased to £5,750 per year from the current £4,912. This represents a 17% increase to bonus potential.
- To support colleagues transferring from the old bonus arrangements to the new scheme the following will be applied: A guaranteed bonus payment of £3,700 will be paid in 2026, with half paid in June and half paid in December
- An additional payment of £300 in respect of a bonus for the month of December 2025 from the old bonus scheme, which will be added to the above £3,700 and also paid across June and December. This additional £300 will apply to British Gypsum colleagues only, as Formula colleagues have already received a bonus covering December 2025.
- Therefore, the bonus payment for British Gypsum colleagues will be £2,000 in June 2026, and a further £2,000 in December 2026, a total of £4,000
- After this, all payments will be made based on the new ‘live’ bonus scheme, with payments made in June and December 2027 based upon our business performance in 2026
- In addition to the above we will amend the current wording in the terms and conditions around travel time for meetings and training courses, to allow for travel time to be paid at overtime rate, and minimum paid hours for callouts.
The negotiations were extensive and it is the belief of the negotiating team that the negotiation process has been exhausted The trade unions are recommended you accept this offer.
In Solidarity,
GMB and Unite Negotiating Team