Archive : British Auto Maker and Unions Sign Deal

Carole Nash Classic Insurance Specialists

NEW YORK TIMES

Rover Group Ltd., the British auto maker owned by BMW of Germany, said today that it had reached agreement on a three-year pay package after almost a week of talks with its joint trade unions.

The agreement includes a pay increase of 3.5 percent in its first year beginning Nov. 1. In each of the next two years, the pay increase will be equal either to Britain’s retail price index plus half a percentage point or to 3.5 percent, whichever is higher.

Rover said workers with at least 12 months’ service would receive a further 1 percent increase, payable from Nov. 1.

”This is a fair and reasonable deal that both rewards employees and gives the company stability for the future,” the company said.

Rover said union members would vote on the accord later this month.

Keith Adams

Keith Adams

Editor and creator AROnline at AROnline
Created www.austin-rover.co.uk in 2001 and built it up to become the world's foremost reference source for all things BMC, Leyland and Rover Group, before renaming it AROnline in 2007.

Is the Editor of the Parkers website and price guide, formerly editor of Classic Car Weekly, and launch editor/creator of Modern Classics magazine. Has contributed to various motoring titles including Octane, Practical Classics, Evo, Honest John, CAR magazine, Autocar, Pistonheads, Diesel Car, Practical Performance Car, Performance French Car, Car Mechanics, Jaguar World Monthly, MG Enthusiast, Modern MINI, Practical Classics, Fifth Gear Website, Radio 4, and the the Motoring Independent...

Likes 'conditionally challenged' motors and taking them on unfeasible adventures all across Europe.
Keith Adams

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