Rail bosses have made a 'best and final offer' in a bid to halt further strikes over pay, jobs and working conditions
Rail bosses have made a final offer to stop strikes.Rail bosses have made a "best and final offer" in a bid to halt further strikes over pay, jobs and working conditions.The Rail Delivery Group said the offer to the Rail, Maritime and Transport union 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.
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. Current voluntary working arrangements on Sundays will also be formalised under the proposals, which the RDG said would help reduce delays and disruption for passengers during weekend travel.The RDG said industrial action has cost the industry about £480 million in lost ticket revenue since June, on top of its current £2 billion fares shortfall post-Covid.
A statement said: "The proposals include detailed documentation covering a range of issues that affect all of our grade groups at these 14 companies and will require serious and careful consideration.
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