Inflation rises reflected at Castle Cement
Castle Cement
Private Sector
Locations: Ketton (Leics), Avonmouth, Clyde Works, Padeswood (Clwyd), Pitstone (Bucks)
No. covered: 500
Increase: 2.85%
Length of agreement: Second-year increase under three-year deal
Date: 1.1.03
Hours: 36
Holidays: 25+8
Increases in the headline rate of inflation towards the end of 2002 boosted the pay rise awarded to manual workers at Castle Cement under the second stage of their three-year deal.
Inflation rose from 1.7% last September to 2.1% in October and 2.6% in November. The agreement provides for increases linked to the Retail Prices Index plus 0.75%, with inflation defined as the average of RPI declared for the months September, October and November. This formula has resulted in a rise of 2.85% effective from January 2003. There is a flexible five-grade pay structure, ranging from grade 1 for multi-skilled craft workers to grade 4 for process operating jobs, and grade 5 for new starters.
2003 Daywork ratesGrade 1 25,676.50
Grade 2 24,567.78
Grade 3 23,151.53
Grade 4 21,857.68
Grade 5 16,623.65