Unilever has clinched a deal with unions representing more than 90% of its workforce over the controversial closure of its final salary pension scheme.
Unite and Usdaw, which together represent the vast majority of Unilever staff, voted this week in favour of a deal after the FMCG giant last month improved the terms on offer to workers.
Following the agreements, the maker of Pot Noodle, Flora and Magnum will press ahead with the changes from July. The GMB, which also represents a number of the company’s staff, will vote on the proposals next week.
News of a deal marks the final chapter of a seven-month row that saw Unilever workers go on strike in protest at the changes to their pension package.
Jennie Formby of Unite said backing the revised plan represented “a very hard decision, clearly” because the final salary scheme had not been retained.
But she said “significant improvements” to the changed package had been secured.