Prospect secures cost of living payment at BAE Systems

19 July 2023

Prospect union has secured a renegotiated pay settlement with BAE Systems amounting to a £750 lump sum to help with the cost of living.

The union had already agreed a two year pay deal but the employer agreed to reopen negotiations given the extreme nature of the inflationary crisis. The payment will apply to all BAE Systems employees at global grade 12 and below.

Prospect National Secretary Bob King said:

“This will offer some respite for workers at BAE Systems who have been struggling with the escalating cost of living.

“Not every employer would have reopened negotiations in this way and it is testament to our strength as a union, and the good relationship that brings with the employer, that we have been able to secure this additional payment.”

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