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Virgin Trains East Coast: 2017 Pay Claim

24 March 2017

The first meeting to discuss the 2017 pay claim has now taken place. The Company provided the meeting with a brief financial report, and the unions formally presented their claims and responded to questions. No opening offer was tabled by the Company, but a further meeting has been arranged to continue discussions.

The financial report painted a typically cautious picture of an uncertain future and lower than predicted growth figures. Although the Company is not meeting its profit targets, it's clear that revenue has grown faster than inflation and the indications are it will make a significant profit again this year. The meeting took place the day after publication of the February RPI inflation figure, which is the reference point for our pay discussions. This showed that inflation is increasing and has now reached 3.2%, so we took the opportunity to remind the Company of the many pressures on our members and our expectation of securing an above inflation pay increase this year. TSSA's submission also covers a number of other areas including: improvements to travel facilities; a reduction in the working week; improved maternity and paternity pay arrangements; and seeks commitments on equal pay etc. For full details of the TSSA pay claim please contact one of your pay negotiation reps, Andi Fox or Mark Barron.

The next pay meeting is scheduled for 24 April at which we would expect the Company to respond to the various elements of our claim and make a sensible opening offer for consideration. We will of course keep you updated of any developments.

If you require any further information on the contents of this article, please contact one of your staff reps in the first instance. Please also discuss the contents of this article with your colleagues, and encourage any non-members to join. The more members we have, the stronger we are. Membership application forms can be obtained from your TSSA reps or you can join on-line here.

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