BT offers three-year pay deal to 40,000 staff
Telecoms giant BT has offered a near three-year pay deal to thousands of its staff, saying it would provide wage stability until early 2017.
The package will be recommended for acceptance by the Communication Workers Union in a ballot.
Under the agreement, over 40,000 workers will receive a 2% increase to their base pay from April 1, 2014 along with a flat rate increase of £200 which will be fully consolidated and pensionable, and will see most employees receive an effective increase of between 2.5% and 3.2% in year one. They will receive a 2.5% increase next April and April 2016.
The company employs over 2,300 people in Northern Ireland.
Gavin Patterson, BT chief executive officer, said: "BT is going through a period of significant change and this agreement will help as it provides welcome certainty to the company, its employees, shareholders and customers.
"We have announced more than 2,500 new jobs in the UK in recent months and we want to create even more."