Loomis – Revised Pay Offer – Member Ballot
Posted on:
Dear GMB member,
Following a series of meetings with the Company they have now tabled a two-year offer for members to consider:
Final Formal Offer
- 1st Jan 2024 – 2% and;
- 1st Jan 2025 – CPI rate of inflation* plus additional 2%.
- The pay deal includes all pay elements that are linked to the hourly rate i.e., overtime, shift allowance, bank holiday premiums.
* November 2024 inflation published by the ONS on 18 December 2024
Second Year examples:
- Nov 2024 CPI Inflation is 2% then pay award for Jan 2025 is 4% or;
- Nov 2024 CPI Inflation is 3% then pay award for Jan 2025 is 5% or;
- Nov 2024 CPI Inflation is 4% the pay award for Jan 2025 is 6% etc.
REPS' VIEW – OFFER IS RECOMMENDED AS BEST THAT CAN BE ACHIEVED VIA NEGOTIATION
The offer means members do not fall behind the cost of living across the two years, which is a welcome improvement from the original offers that cut your ‘real’ terms pay.
However, it also means that members are effectively standing still across the two years, with the gap to the National Living Wage getting smaller.
Members have previously returned a positive result for industrial action which will be actioned if the offer is rejected.
We will be balloting at Branches throughout May with a closing date of midday, Friday 31st May.
Lastly any colleagues who are not in GMB can join to have their say on pay too: www.gmb.org.uk/join-gmb
Yours in solidarity,
GMB NNC and GMB NATIONAL OFFICER