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Up to 6% for National Grid managers


KEY DETAILS

Pay award: combined general and merit awards averaging just over 3%, plus bonuses

Employees covered (nos.): junior and middle management (750) and senior management (90)

Effective date: 1 July 2006

Approximately 750 junior and middle managers at National Grid have received general and individual performance-related increases that increase basic salaries by an average of 3.24%, with awards ranging in value between nil and 6%. In addition, these employees received non-consolidated performance-related bonuses averaging slightly above 6% for junior managers and just over 11% for middle management.