posted on Ibew222.org and twitter this morning (and since removed without comment)
The IBEW, CWA, and Verizon have reached an agreement in principle on wages for a three-year extension to our current CBA. All other items are to be reviewed tomorrow. Details to follow.
https://ibew2222.org/2022/07/01/verizon-bargaining-update-2/
According to the post. It is 1.5% each year. So that would e 4.5%
Is the pension increase 5% per year or 5% total? Thanks
I'm not surprised. A strike would have been a disaster for the company.
Sounds pretty good!
Rumor has it’s something along these lines.
The 2.75% raise we just got will become a 4% raise and the 3% raise that was scheduled for 2023 will also be 4%.
The remaining years look like 3% with some COLA language for added protection, language to follow.
$750 signing bonus
$2500 RSU's for newer highers
Increased retirement benefits for VZB
Work from home extended through contract, but more language to follow, may be a little different for different titles/departments.
900 jobs added
we won a ton of, if not all of the 5G work, more language to follow
CPS award stays
lump sum option stays
modest increase in medical
6 weeks after 30 years
I guess I missed the part about everything cuz we have been told nothing. Like what percent pay increase are we getting are Saturday schedules going to improve are they force adjusting are they going to finally hire people is there a cola or a signing bonus ? ????
Guess you missed the part about all the inside and outside 5G work
Wonder if there was a pension increse or is it frozen like what happened in 2010.SMH
Ya the fact they only mentioned the inside work from home people makes me really believe were gonna get screwed in field there is no reason why they wouldnt even mention about job titles or vacation or raises or something if it wasnt that they only were highlighting the successful part what about the field guys we dont even garage close to home never mind home garage oh I see a royal up the wazzoo coming for us all.Better watch out depending what tech tittle your in cause i bet they screwed us on that tooo
Union didnt ask for input on what the membership thinks is important in this contract,WHY.cause we just got sold under the table probably just like in 2010.they will tell you OH everything else stays the same and then they give you a contract book in 2025 and when you read it .You will be like OH sh--,t we got Screwed..
Congrats!
Thank god. Was worried I would have to get a job at the gas station.
Contract extended to 2026
Vacation increased to 6 weeks across the board. Additional week at 15, 25
Removal of absence step plan, reinstating unlimited incidental absence if FMLA approved sickness up to 26 weeks in lieu of covid leave.
Work from home extended, new work from home strategies to be implemented company wide
Company wants mandatory training hours from each associate
Company wants to merge or inter work certain job titles
Retire Medical untouched
Health Insurance still negotiating
Oh there he is @fsv+1hvxrRe0. I'll bet you have some good stock tips too.
Yep. Got the email. Extended for 3 more years. Where's the "union free in 23" guy?
Just got the email. Contact extended through 8/1/26
@fsv+1hvxrReO nothing you just said is true
The only thing they have agreed on is to agree to agree to continue agreeing to meet .If it is any kinda extension without a fight you know were getting completely sold out you will get an increase in medical equal to your wage increase along with higher copays ,Forced vaccination for thos le not vaccinated,Agreement on movement flexibility in a greater mileage distance,With no cost of living increase but with any luck you keep your pension and job the union may even get to expand their membership all while in 4 years were really either retired or screwed