A 5 year contract in which all previous language would remain the same, with the following addendums: a 2.5 year wage freeze, followed by a 3% wage increase for the balance of the contract, in exchange for free healthcare and job security for our remaining members. I believe this deal would be favorable for both sides and we could then get back to business. Please post your thoughts.
10 replies (most recent on top)
Sounds like a good offer. Give the union that deal and then sell the company to someone who WANTS to be in the landline business and make gobs of cash from fiber expansion.
Free healthcare? Oh yes, that's been relocated. Straight ahead, 2nd star on the right and straight on till morning, you can't miss it, big sign "Welcome to La La land."
vvh, your must be kidding yourself. Its always personal to every workers blue collar and white collar. Your understanding is one sided , and. over simplified .
Economics 101: the purpose of any company is to maximize profit. Doesn't matter if the company makes 1+ billion a month, the amount of current profit is irrelevant.
If the company can hire a contractor at 50% of the cost of a union member and they get 51% of the productivity then the is what the company should do from a business perspective. Unfortunately the union have priced themselves too high compared to alternatives and I think the company will hold it's ground. It's not personal, just business.
No Way will VZ agree to Free Healthcare. Maybe job security in that you will have a job but it may be in a different state / over 500 miles from where you live, dont want it? Buh Bye
I hope they do it sooner maybe somebody will buy it that wants it
VZ will dump the landline in 2 years
Free... you really think you are worth that?
I would pay for healthcare and forfeit raises for job security. Not ever going to happen.
I think Job security is the big issue for both.
Needs of business, needs of employees are clashing at this point.
Revenue is at best stagnant for wireline.
Not sure VZ would accept this.
In due time, a contract will be signed.