Workers at Honda’s car plant in Swindon are set to get an inflation-busting pay rise following four weeks of negotiations with trade union Amicus.


Amicus is recommending acceptance by postal ballot to the improved benefits package that, the union claims, Honda says will add 5.66% to its wages bill.


The offer is made up of 3% on basic pay rates, a 1% lump sum payment and an additional £5 a month attendance allowance.


This, according to Amicus chief negotiator Jim D’Avila, represents a minimum of 4.31% of extra money for all Honda workers.


A further 0.35% and 0.7% has been added to the wage bill to cover improvements to the sick pay scheme and the Honda merit pay system respectively.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

D’Avila said: “Honda’s improved benefits package was not exactly what we wanted. But the union’s negotiators recognised that the final offer would put a minimum of 4.31% of new money into our member’s pockets and that this is one of the highest settlements within the industry this year.”