The union said it had rejected a “below inflation” offer of 3.5% for the first year and pay linked to the retail prices index-rate of inflation for year two.
Inflation currently stands at 2.2% under the consumer prices index, but BBC Wales was told it was higher when negotiations began.
TSSA general secretary Maryam Eslamdoust, said: “We are balloting our members for industrial action as a last resort but feel we have no option but to take this course.”
She added: “TfW should be in no doubt that our members are deeply unhappy with the situation – one which the company could alleviate and stop significant disruption to the railways, by making an improved offer which meets our aspirations.”
A spokesperson for TfW said: “We will shortly be meeting with representatives from the TSSA and are confident of working together to find a resolution.”
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