Approximately 200 workers at SPS Technologies in Leicester are preparing to initiate industrial action, rejecting a proposed two-year pay rise.
The strike is set to disrupt supply chains for major clients, including Rolls-Royce and Airbus, demanding fair wages amidst inflationary pressures.
The impending strike at SPS Technologies involves around 200 workers who have deemed a proposed pay rise ‘unacceptable’. The proposal offered a 7% increase over two years and a £400 lump sum, which the workers rejected. These employees play a crucial role, supplying major aerospace clients, and their dissatisfaction highlights significant labour concerns within the industry.
The disruption underscores how labour disputes in supply chains can have extensive consequences, affecting production and delivery schedules globally.
These financial metrics provide a backdrop for the ongoing wage dispute, as workers argue for a fair share of the company’s success.
According to Unite’s general secretary, Sharon Graham, the workers’ demand for better wages is justified given years of below-inflation pay increases, making the strike a necessary action for change.
Lee Purslow, a regional officer for Unite, noted that the opportunity for resolution remains if SPS Technologies offers a suitable pay proposal soon.
The strike, if unresolved, could lead to extended disruptions, prompting urgent dialogues between SPS management and the union to reach a beneficial agreement.
This situation at SPS Technologies showcases broader trends in industrial relations, emphasizing the necessity for balanced negotiations in employment terms, especially amidst economic recovery pressures.
The industrial action at SPS Technologies reflects ongoing wage disparity issues within the sector, highlighting the pivotal role of balanced negotiations.
Resolution between the company and its workforce is imperative to restore operational normality and sustain business relations with key clients.