SIPTU members at Dublin Bus will vote in a ballot today on whether they will take strike action against the cost-cutting strategy at the company.

The €11.7 million package will be implemented on November 17th after it was approved by workers from the National Bus and Rail Union (NBRU).

The Dublin Bus Board has said "It is now clear that the overall majority of employees have accepted the plan. 55% of all drivers have accepted the Independent Investigation Report and all other grades have accepted the Labour Court recommendation".

It says it is committed to abiding by the terms of the Labour Court recommendation, and will restore the rates for rest days, overtime and premium payments after a period of 19 months from the date of acceptance. These rates are set to be restored in June of 2015.

The company says it is now vital that the implementation of the Cost Recovery Plan goes ahead without industrial action. A spokesperson says further industrial action at this point "is totally unnecessary given that the majority of employees have accepted the Cost Recovery Plan".

SIPTU represents around 1,200 drivers and 450 workers in other grades at Dublin Bus. Its members have been warned that there is no room for negotiating on the plan which Dublin Bus says is necessary to protect the future of the firm.

Business Editor with The Sunday Times is Brian Carey. He says workers are making a point in relation to upcoming measures in relation to the tendering of routes in the future.