The BBC signed a deal with its staff to raise the majority salary by 4.2% in August, followed by 1% at the end of the year.
After increasing the two-year minimum salary under pressure, the deal will not be extended to senior executives whose pay is subject to a different process.
Describing the move as a “fair deal to lay off taxpayers and staff,” the BBC said the increase, which was well below the 7% inflation rate, was made possible “by reducing staff and saving costs. “. The number of BBC employees is estimated at 1,200 last year.
Last year the annual salary was 1% and in 2020 it was frozen due to the impact of the pandemic on the BBC, meaning a 4.2% increase is the biggest jump since 2019.
“We prefer fewer people to pay for the broader media market,” the company said in a statement. “The BBC will never be able to match the pay level of some of our competitors, nor should it be expected of us, but we work in a global talent market and without that talent there is no program or content. “
The BBC also renewed its focus on support for fathers, ensuring consistency in its approaches to maternity and paternity leave, as well as support for caregivers and postmenopausal women.
CEO Tim Davis said: “The BBC is smaller, but we also need to attract and retain world-class talent within a renewed, modern and efficient organization that values its audience.”
The company is expected to save approximately B1.5 BN ($ 2 BN) over the next five years and determine how it intends to do so by the end of this month.
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Source: Deadline
Elizabeth Cabrera is an author and journalist who writes for The Fashion Vibes. With a talent for staying up-to-date on the latest news and trends, Elizabeth is dedicated to delivering informative and engaging articles that keep readers informed on the latest developments.
