Industrial action at Panasonic Cardiff has been suspended after the company put forward a new two year pay deal amounting to a ‘big win’ for GMB members.
The electrical giant has offered workers a pay rise of up to 5.5% and a £300 annual bonus.
GMB will now ballot members on 9 December asking them if they want to accept the offer.
Workers had already held three strike days, with more planned, at the electronics giant’s Cardiff plant after the company revealed plans to impose a pay freeze on them for the second year running.
Nicola Savage, GMB Regional Organiser said:
“GMB members had stuck together, faced a global company down and got themselves a big win.
“They are now looking at a pay rise instead of staring down the barrel at a whopping real terms pay cut.
“Strike action is now suspended while GMB ballots members on this new deal.”