Workers at Honda’s Swindon plant are being asked to vote in favour of a plan to sacrifice pay to safeguard 490 jobs.
Under the deal, employees will take a 3% cut in earnings and managers will suffer a bigger hit of 5%.
The move comes after the plant shut down for four months. The Unite union recommends members accept the deal.
Honda agreed the deal with union negotiators and its employee council and Unite said it set an industry benchmark for protecting jobs.
In return for agreeing to the cut, workers will receive a bonus of six additional days of paid leave, Unite said. The pay cut would be for 10 months.
It said that ballot papers had been sent to union members on Friday and the results are due by the end of next week. Full story…