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Treasury: merit rises worth 3.49%

Key Details

  • Pay award: merit rises from 3.49% paybill increase

  • Employees covered (nos.): all below senior civil service (1,100)

  • Effective date: 1 August 2003

    Employees at the Treasury have received performance-based pay awards from a 3.49% paybill budget, effective from 1 August 2003. The deal, negotiated with the FDA and PCS unions, guarantees a 3.5% rise for the most effective performers.