Naman Ramachandran U.K. broadcaster BBC has revealed a 4.2% pay increase for staff in August, followed by a further 1.% hike later in the financial year.
Senior Leaders will not receive an automatic increase, and their pay is subject to a different process, the BBC said.The move comes at a time when the license fee, the BBC’s main source of income, has been frozen for two years and when inflation in the country is at 7%.
Last year’s annual pay increase was 1% and in 2020 there was a pay freeze across the BBC.“For 2022/23, we will provide the following which we think is right and fair – we will invest in our people with 4.2% in August followed by 1% in progression later in the financial year,” the BBC said in a statement. “Inflation is currently running at 7%.
This pay deal is below that. The BBC is able to make these awards because we have been cutting staff numbers and saving costs,” the statement added. “We would rather have fewer people paid closer to the wider media market.
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