RATES OF PAY & CONDITIONS OF SERVICE 2023 - CUBIC TRANSPORTATION SYSTEMS (LUL/LCHS) (LUL/0001/CTS)

In line with Union policy, a claim was submitted for a substantial increase in rates of pay and improvements to conditions of service. Following talks, the Company tabled a full and final offer of 4%, backdated to 1st April 2023 for protected members on the Cubic contract covering LUL and Serco Cycle Hire (TfL).

The National Executive Committee considered this matter and took the decision to inform the Company of our acceptance of the pay offer. I have asked that the increase, along with backdated monies is paid to members at the earliest opportunity.