Workers at the Severfield headquarters have accepted a new pay offer after striking for three weeks.
Staff at the company’s Dalton site in Thirsk, North Yorkshire, took part in a series of strikes after 93 per cent of GMB union members at Severfield voted in favor of industrial action over “disappointing” pay conditions “. The long-running dispute involved “just over” 200 employees, the company had said.
Severfield is the UK’s largest structural steel contractor by turnover and among the largest in Europe.
The new offer, according to the GMB, involves an 8% pay rise for the current financial year, plus a cost of living payment of £900 and an optional healthcare package. The GMB said this represented an overall package increase of 10.3% based on a welder’s pay.
Of those who voted in the GMB ballot, 52 percent accepted the offer, the union said.
talking with Construction news Last week, Severfield chief executive Alan Dunsmore said: “We are delighted to have agreed a deal and can move forward.
“All of our employees are important and it’s not very friendly when you get into that situation. Everything has been resolved and the business can continue to grow.”
Severfield last week reported a 29 per cent rise in pre-tax profit to £27m, from a rise in revenue of £492m.