London Underground insult staff with pathetic 5 year offer
At the pay talks on Friday, London Underground blamed the recesession for their disgraceful 5 year slap in the face to all staff.
The Director for Employee Relations said "The severe downturn in the economy is having a major effect on all companies, and we are no different. Because of this uncertainty and the steep falls in interest rates and inflation, we have to plan for the risk to our future income. This makes entering into a process of negotiating pay increases extremely difficult."
While productivity goes through the roof and the workforce breaks all records for passenger numbers and customer satisfaction, LUL offered a miserly RPI + 1% for the first year and RPI for the remaining 4 years.
Get ready to organise for strike action.