National Grid reaches agreement with gas workers


National Grid reaches agreement with gas workers

British multinational electricity and gas utility company National Grid plc (LON:NG) has just announced that it has reached a satisfactory agreement over employment terms & conditions with two unions representing workers of the company’s Massachusetts Gas business.

National Grid plc is headquartered in Warwick, United Kingdom. Its principal activities are in the United Kingdom and Northeastern United States. It has a primary listing on the London Stock Exchange, and is a constituent of the FTSE 100 Index.

The company shared that the agreement for 1,250 employees is for a five-and-a-half years. The employees, who were locked out since June 2018 due to pay and benefit disputes, are set to join back on January 21.

National Grid, during the employment contract negotiation, implemented a work contingency plan to ensure that customers continued to receive a reliable service. It didn’t provide any specific details regarding its settlement pact with the gas workers.

 

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National Grid reaches agreement with gas workers

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