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International Distributions Services, owners of the Royal Mail, has said it is pleased that members of the Communication Workers Union (CWU) have voted in favour of the Royal Mail/CWU Business Recovery, Transformation and Growth Agreement. 75.84% of eligible CWU members participating in the ballot voted in favour of the deal.
Royal Mail claims the agreement provides a platform for the next phase of stabilising the business whilst continuing to drive efficiencies and change.
“The operational changes in the agreement are designed to be good for customers, increasing our ability to improve services and quality; good for employees, retaining job security and giving people a pay rise; good for the environment, reducing the company’s reliance on domestic air, further reducing carbon emissions; and good for shareholders, supporting the long-term sustainability of the business,” says the UK postal operator.
The Royal Mail adds that the three-year pay deal agreed provides “certainty for employees and ensures Royal Mail remains the industry leader on pay, terms and conditions”.
The agreement can be found here.
The Royal Mail says it is now working with the CWU to deliver the transformation activity in the agreement and implement the changes agreed.