Despite what the papers say I will not be making £50k this year.
The deal is a 5% rise which will bring us up to £44.5k and then which ever is greater of RPI + 0.5% or 2% for the next three years. Sadly I lack the Daily Mail’s crystal ball because I don’t know what RPI is going to be in February or beyond but over the last year various financial institutions have forecast that it will be anywhere between 1.2% and 5.7% with opinion on 2012 and 2013 equally varied.
If we got the 2% for the rest of the pay deal we’d be on £47.3k the next time unions and management start all this palaver again. Admittedly we do get more than some train drivers on the mainline but we are still behind others, Arriva Cross Country are currently on £48.7k, Eurostar on £49.5k, Virgin West Coast £49.6k, and East Coast Mainline £50.8k. And they have guards on their trains while we have to do both jobs.
The deal was done after a meeting at ACAS where both sides accepted their recommendations; how that constitutes the unions “blackmailing London” is beyond me.
Other than that we suffered a small degree of late running but no major incidents on Tuesday though it felt decidedly odd starting work at 9am and then going home around 5pm.
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