BMW has announced a new pay offer following discussions with the UNITE union, in the hope that a strike at its Mini plant in Oxford can be avoided. In a joint statement the company said:
Following constructive and productive discussions, we have reached agreement on a pay offer which will be recommended for acceptance by the union.
The details of this offer are being put to the workforce today and a ballot will follow subsequently. The offer is as follows: 4.5% increase in base pay effective 1 January 2012, 2.3% increase in base pay effective 1 January 2013."