Irish airline Ryanair has introduced 5-10% pay cuts for its UK cabin crew to avoid job losses due to the financial constraints of the Covid-19 (Coronavirus) pandemic.
Depending on salary tier, employees will see their pay reduced by 5% for the lowest-paid staff, 7.5% for medium-tier staff and 10% for the highest-paid employees.
The organisation plans to keep the temporary pay reductions in place for a four-year period, with a gradual return to full pay in 2023/2024. However, if the business sees an financial upturn earlier, it plans to restore cabin crew to full pay sooner.
These pay cuts are in addition to the 20% reduction in pay agreed with the organisation’s pilots earlier in July 2020.
Eddie Wilson, chief executive at Ryanair, said: “We welcome our cabin crew’s acceptance of the four-year agreement negotiated with [trade union] Unite on 5 –10% pay cuts to save hundreds of cabin crew jobs in the UK.
“The result of the negotiations with Unite demonstrates the commitment from our cabin crew and their unions in the UK to work with Ryanair as we work our way through this crisis over the next number of years.”