London 2012: The deal that solved an Olympic bus strike
Published: 4th Jul 2012 15:43:55
This morning just before the peace talks started at Acas there was a pre-emptive move by Transport for London (TfL).
It put out the latest offer to the media through its press office.
What it was trying to do was force the Unite union's hand and show its members the deal on the table.
The deal on offer is now £583 for every bus worker, or £700 for bus drivers at depots badly affected by the strike.
That is an increase on the £17 per person, per day the bus companies had previously offered.
Acas talks are ongoing but the bus strike was suspended at 1pm.
But the more interesting part of the offer is the split of the extra fare revenue generated during the Games.
This is the first time I've heard of that and I'm told the transport commissioner himself came up with it.
It certainly shows TfL is extremely keen to get a deal done if it is willing to give up half of the fare box.
Let's break down that deal with some back-of-a-fag-packet mathematics:
The unions says it was expecting at least an extra 800,000 journeys during the Games.
A single is £1.35 on Oyster, and £2.30 cash.
So let's say the average is £1.80 as we will have a lot of tourists in town. That means there's £1.4m extra revenue of which the workers' cut is £700,000.
Split that between 21,000 workers and it's roughly £30 per worker.
So bus workers are probably going to get a £610-ish bonus, maybe more.
A good deal?
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Harvard CitationBBC News, 2012. London 2012: The deal that solved an Olympic bus strike [Online] (Updated 4th Jul 2012)
Available at: http://www.ukwirednews.com/news/1438645/London-2012-The-deal-that-solved-an-Olympic-bus-strike [Accessed 25th Apr 2014]
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With the doors to its brand new £1million training centre officially open, one of the UK's leading apprentice training providers, Bristol based S&B Automotive Academy, is showcasing its world-class facilities by launching a series of foreign student exchanges for the first time in its 41-year history. To get a flavour of what life is like as an apprentice in the UK, the Academy hosted 16 apprentice engineers and bus drivers from the G9 Automotive College in Hamburg, Germany, as part of a Europe-wide vocational training initiative called the ‘Leonardo Programme’ with support from the European Social Fund. In a reciprocal arrangement, S&B will be sending nine apprentices to Germany during February 2012 so that they can get an appreciation of life in the automotive industry on the Continent. A further three German exchange groups are being planned for next year. Designed to assist the development of vocational skills and training across Europe, including work placements for trainees, the Leonardo Programme has a budget of €1.75bn, which is helping to encourage UK organisations to work with their counterparts abroad. In what is expected to be another challenging year for employers in the UK automotive sector, S&B’s Chief Executive, Jon Winter, claims that the exchange initiative will bring many benefits to the Academy and its apprentices: “In a world of global automotive brands, it’s important for our learners to understand the international context of the industry they have chosen to make their career. This new exchange programme will enable apprentices and Academy staff alike to achieve a better understanding of the challenges and opportunities within the automotive arena in Europe. With the Academy’s influence also extending to the USA and Asia, there’s every possibility that this initiative could move further afield in the future.” Continued Winter: “The need for skilled technicians across the world is on the increase and we actively encourage our apprentices to look at broader horizons during their training. Many of them have already learned the phrase ‘Vorsprung durch Gelehrtheit’, quite simply, ‘Advancement through learning.” In the 2010/11 academic year, S&B doubled the number of successful Apprenticeships over the previous year with some 350 apprentices graduating from the Academy. At the same time, achievement levels reached an all-time high with an overall success rate of 85%. For those learners on the Advanced Apprenticeship three-year programme, success rates were even higher, at over 98%. PHOTO CAPTION: As part of their exchange visit, S&B Automotive Academy arranged for the German apprentices to visit Hampshire bus operator, Bluestar, at its Barton Park depot. The students are pictured with S&B’s Andy West (3rd right) and Steve Prewett, Bluestar’s Area Engineering Manager (2nd right). Ends http://www.sandbaa.com