Tesco (TSCO) avoids strike action with improved pay offer
10:36, 15 December 2021
Tesco has managed to avert strike action at distribution centres across the country after the union Usdaw recommended its members to accept an improved pay offer from the UK supermarket giant.
The offer will be put to ballot today, involving over 5,000 Usdaw members, employed as drivers and warehouse workers, at nine Tesco distribution centres including Daventry, Goole, Livingston, Peterborough and Southampton.
Usdaw is one of Britain’s largest trade unions with over 380,000 members nationwide.
Significantly improved offer
Commenting on recent developments, Usdaw national officer Joanne McGuinness said: “After the overwhelming vote in favour of industrial action, Tesco reopened pay negotiations with Usdaw. I am pleased to say that we have been successful in achieving a significantly improved offer and Usdaw is recommending that members accept it in the ballot.
She added: “Having reached this improved offer, we have withdrawn notice of strike action. I want to thank our members for their support and determination during the industrial action ballot. This is a clear demonstration of what can be achieved when we collectively stand together.”
Tesco’s stock price was up marginally in mid-morning trading – rising 0.12% to 285.1p.