Train operating companies have made a “best and final offer” to the biggest rail workers union in a bid to break the deadlocked dispute over pay, jobs and conditions.
The Rail Delivery Group (RDG) said the offer to the Rail, Maritime and Transport union (RMT) included a minimum pay rise of 9% over two years and guaranteed no compulsory redundancies until at least the end of December 2024, which is an improvement to the previous offer of April 1 2024.
A statement said: “The offer, made through an outline framework agreement, would allow the industry to adapt to significant changes in the ways in which passengers use the railway, while offering rewarding and varied careers for staff.
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“If accepted, it would help recover the industry’s finances post-covid, reducing the burden on taxpayers at a time of significant pressure on public spending.”
RMT general secretary Mick Lynch said the union’s executive will consider the offer and decide its next steps “in due course”.
Under the offer, staff who are paid below a certain threshold will receive a guaranteed £1,750 in year one, ensuring that lower paid employees benefit most. Pay would be backdated to the relevant 2022 pay award date with employers, enabling staff to benefit from a lump sum payment in the first available pay run.