Rolls Royce has given its employees a pay increase of 17.6% above the UK inflation rate of 10.1% per year.
On Friday, the UK and Irish union Unite the Union, which was formed in May 2007 through the merger of Amicus and the Transport and General Workers’ Union, announced that it had accepted a pay increase of up to 17.6% for thousands of workers at Rolls Royce Motor Cars, calling it the largest pay agreement in the history of the company’s southern England factory.
The union said that more than 80% of the workers at the factory in Goodwood, West Sussex, south of London, voted to accept the one-year agreement, which is expected to range from 14.8% to 17.6%.
SETTING A PRECEDENT
This agreement, which exceeds the expected level due to the consumer price index (CPI) in the UK being 10.1% on an annual basis due to increased energy costs following the pandemic and Russia’s invasion of Ukraine, sets a precedent for workers in the UK and other European countries.
The package is reported to include a 10% pay increase and a one-time payment of 2,000 pounds (approximately 45,000 TL). It is one of the highest agreements reached by a workforce in the UK in recent months.