02/12/2011

Rail Staff Set For £650 Olympic Bonus

A deal has been struck between unions and the London Overground which will see employees of the train service benefit from an extra £650 as a bonus for being flexible with their working hours during the 2012 Olympics.

The Rail Maritime and Transport (RMT) union announced the “ground-breaking” deal and said its members at London Overground will receive the extra payment in return for flexibility of work patterns during next summer's event.

Extra pay and money will be available for the station, conductor, train care, fleet maintenance and revenue staff with an enhancement rate of 25% ( time and a quarter) paid.

Over the period covered by the staff a minimum bonus payment of £650 will be paid under the agreement but this could increase with extra shifts and overtime.

General secretary Bob Crow said: "This deal recognises the value placed on transport workers in delivering an effective Olympics and is a good deal for RMT members, the travelling public and Olympic visitors alike."

(LB)

Related UK National News Stories
Click here for the latest headlines.

05 December 2014
FSB Slams Premier Foods' Unfair 'Investment Payment'
The Federation of Small Businesses (FSB) has slammed Premier Foods' unfair payment practices. In a recent letter to suppliers, Premier Foods, the UK's largest food producer, requested a compulsory 'investment payment' to be made by any company wishing to stay on its approved supplier list.
29 July 2004
Companies 'still paying late' despite government reforms
More than five years after the government brought in legislation to curb late payment, the gap between the average payment period of companies in the UK when the legislation was introduced and now has expanded even further, according to a leading information solutions company.
27 July 2010
Man Jailed Over Plot To 'Sell Ritz'
An unemployed lorry driver has been jailed for five years over an "elaborate and outrageous scam" to sell the Ritz Hotel in London for £250 million.
27 May 2005
HSBC staff take strike action over pay
Amicus trade union expects widespread disruption across HSBC services as thousands of staff take part in a 24-hour strike over pay.
10 February 2009
Bank Bosses Offer 'Profound Apologies' For Crisis
Ex top bankers blamed for Britain's financial crisis have apologised for their role in the disaster. All four bankers appeared before the Treasury Select Committee, and started their evidence with apologies for the "turn of events" which led to the banks being bailed out by the Treasury.