Pay and bonus deal at Siemens Traffic Controls
Siemens Traffic Controls
Parent co: Siemens PLC, Siemens AG (Germany)
No. covered: 150
Increase: £343
Length of agreement: 1 year
Date: 1.10.01
Hours: 37.5
Holidays: na
A cash award of £343 on basic salaries with effect from 1 October has been agreed. The deal covers staff graded and works operatives, members of MSF, AEEU and TGWU at the company's Poole site in Dorset.
All staff not on a personal bonus scheme are due to receive a £500 bonus for achieving targets, in November, and a commitment to pay a similar bonus next November, subject to the performance of the business, was part of the agreement.