Severn Trent Water: Two-year deal for employees
Pay award: basic and performance awards adding a total 3.9% to the paybill Employees covered (nos.): staff (4,500); and production (200) Effective date: 1 July
2005 |
Severn Trent Water has a new two-year deal that awards an average 3.4% increase for those with an acceptable level of performance, with larger rises for those performing above this level. The 3.4% uplift is based on the headline rate of inflation for November 2004.