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Granada: Staff accept "pay plus shares" offer


Key details

  • Pay award: 2.25% over 15 months, plus shares

  • Employees covered (nos.): Programme-makers and production grades, journalists, broadcasting, clerical and technical staff (5,000)

  • Effective date: 1 October 2003

    Around 5,000 employees at television producer and broadcaster Granada have voted to accept a revised pay and conditions offer, which runs for 15 months from 1 October 2003. The deal sees basic rates increase by 2% from 1 October 2003, plus an additional 0.25% from 1 February 2004, worth just over 1.8% on an annualised basis.