Solid pay bump sees off strike threat at GlaxoSmithKline

23 May 2022

British drugmaker GlaxoSmithKline (LSE: GSK) faces a higher wage bill after workers accepted an average 10.5% pay increase in return for calling off planned industrial action.

Members of Unite, a UK union, accepted the improved pay offer, after initially rejecting a planned 2.75% increase.

The ballot in April saw over 85% voting in favor of a strike, the first time GSK workers have done so in its history.

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