Arab Today, arab today verizon reaches contract with unions
Last Updated : GMT 00:38:13
Arab Today, arab today
Arab Today, arab today

Verizon reaches contract with unions

Arab Today, arab today

Arab Today, arab today Verizon reaches contract with unions

New York - UPI

Verizon Communications Inc. has reached tentative agreements on contracts covering 45,000 of its employees, union leaders said Wednesday. The deals reached with the Communications Workers of America and the International Brotherhood of Electrical Workers would provide a total of 8 percent in pay increases over four years, require workers to chip in more for their health coverage and create a two-tier pension system, The New York Times reported. Rank-and-file members -- Verizon\'s field technicians, call center workers and cable installers -- are expected to vote on the contracts, which are retroactive to Aug. 1, 2011, and run to Aug. 1, 2015, in the coming weeks, the newspaper said. The two sides had been negotiating for 16 months. At one point, workers went on strike for two weeks as Verizon pressed its demands for concessions. On the pension issue, current employees will keep their dedicated pensions while new hires would have 401(k) accounts to which Verizon will make matching contributions. Covered workers are to receive $800 ratification bonuses. The CWA said in a release about 34,000 of its members are covered by the tentative contracts. \"We stood up to the most sweeping and intensive attack on our standard of living and bargaining rights in the history of the telecommunications industry,\" said Chris Shelton, vice president for CWA District One in the Northeast. \"The unity and determination of 34,000 CWA members since bargaining began in June 2011 has produced a new agreement that preserves intact our members\' pension and job security, provides for a substantial wage increase, and preserves a high-quality health plan.\" The Times said Marc C. Reed, Verizon\'s chief administrative officer, called the settlement a \"fair and balanced\" one \"that is good for our employees as well as for the future of the wireline business.\" \"It provides competitive wages, valuable benefits and affordable quality healthcare while giving the company new flexibility to better serve customers and become more efficient,\" he said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today verizon reaches contract with unions Arab Today, arab today verizon reaches contract with unions

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today verizon reaches contract with unions Arab Today, arab today verizon reaches contract with unions

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today A no-frills business success

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel sees benefits in independent Kurdistan

GMT 07:58 2017 Wednesday ,20 September

Israel sees benefits in independent Kurdistan
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Horia Farghaly happy for success of “Case G”

GMT 12:14 2017 Monday ,18 September

Horia Farghaly happy for success of “Case G”
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:26 2017 Wednesday ,20 September

Opioid overdose deaths take 2.5 months

GMT 11:40 2017 Monday ,18 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday