Balfour Beatty CRSA Special Update Sep/Oct 2022
Fair Pay for CRSA Vote YES for Industrial Action! RMT has been left with no other option other than to commence an industrial action ballot of its Balfour Beatty Central Rail Systems Alliance members following the refusal of the company to offer an acceptable pay award as part of the 2022 pay negotiations. Your RMT representatives have for
several months now been pressing the company to negotiate regarding a sensible agreement regarding the outstanding 2022 pay claim. Following a series of meetings, the company tabled the following offer which was resoundingly rejected by RMT members: • 5% increase applicable from 1st April 2022
RMT members have work tirelessly throughout the pandemic to maintain operations in often difficult circumstances contributing to strong performance levels for the company. Despite this however it seems that Balfour Beatty have deemed fit to reward this outstanding contribution with real terms pay cut for our members!
Bumper Profits: Double Standards! Whilst the company’s intransigence on pay is bad enough it is all the more galling for members struggling with a crippling cost-of-living crisis to learn that Balfour Beatty continues its financial success story. • • •
The company’s latest accounts show that during this period the company’s revenue was £8.26bn. Profit for the year was £139m an increase of £109m on the previous year or 363%! The highest paid Director received total pay and benefits of nearly £3m an increase of
•
nearly £700,000 on the previous year or 31%! During the year £29m was paid out to shareholders!
RMT is determined to achieve a just and fair award for its members, and it is obvious that from the above that it is easily affordable for the company. Unfortunately, the company has chosen to ignore these facts and RMT has no other option to proceed with a ballot to protect your interests. RMT remains available for negotiations at any stage to resolve this dispute, but it demands Fair Pay for CRSA members.
Ballot papers will be issued shortly. If you do not receive a ballot paper, then please call the RMT Helpline on 0800 376 3706 or e mail info@rmt.org.uk
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