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• Workers at IBC's Luton van plant have voted by

19th January 1989
Page 8
Page 8, 19th January 1989 — • Workers at IBC's Luton van plant have voted by
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Which of the following most accurately describes the problem?

a narrow margin to accept a two-year deal which will increase their pay by 7% from last December with an inflation-linked increase from the end of this year. The deal gives the 1,800 employees a maximum increase of 7.5% and the company will reopen negotiations if the inflation rate exceeds 6.5%. IBC only offered the inflation-proofing after the talks went to conciliation following a massive rejection of the original deal in a factory ballot. The revised offer squeezed through by between 10 and 20 votes.