Thread regarding Verizon Communications Inc. layoffs

I predict we, for some unknown reason (where's that eye roll emoji?), we suddenly capitulate and return to work the day before unemployment kicks in. Oh, and us paying for medical while working and in retirement was a done deal even before we walked?

maybe

At TTA pay, I estimate roughly $2000-$3500 additional loss in wages. Higher number with 15 hours OT factored in. This on top of the $10,000 strike give back. For that we get what essentially is a 3 year deal with higher health deductibles, higher prescriptions costs and less choice. I haven't figure it all out yet but I can see the entire 10.9 percent increase being completely eaten up by the give back and higher health care cost for a net zero sum gain. In fact I can see the pay raise being paid for up front!

They did this so we went without a raise the last 10 months and so in 8/19 they can say no raise because we just got one. We've been out played once again...

We don't have to worry about the hours from August 1, 2015. The 3% doesn't go into effect until the first Sunday after ratification. No retro.

How the hell can we confirm the increased correct pay from all the hours worked, OT, differential, and others dating back to August 1 2015?

They can't get my pay right from week to week, let alone almost one years worth of hours. And, have you ever noticed that their pay "mistakes" are NEVER...and i mean NEVER like in 100% of the time in YOUR favor.

I can guarantee you this... your pay will be robbed again by the Billion dollar profit Verizon. Guaranteed!

Right the 3% starts the Sunday after we ratify. The 2.5% raises are on the anniversary of ratification. So the last raise will be roughly mid-June to mid-August of 2019. Remember that medical costs usually increase at the first of the year.

@DUA you better read the contract again. Its %3.0 at ratification, %2.5 there after in 2017, 2018 and 2019. I hope everyone isn't expecting a total of %5.5 in Aug 2016. That's not happening. The contract isn't written that way. So we stiffed out of raise.

To broke to vote no

this is a 3 year and two month contract not 4 year.

I am tasting blood and storms are brewing, and scabs are leaving. I already had to tap my 401 k and thats very upsetting, i dont ever want to do that again. NO to the contract untill retro is applied.

although the 3 percent is applied and then this august another 2.5 is applied, so we do end up with 5.5 by this august, however no retro. Retro would be good spoils to reap, since the war was lost.

wtf good is 2.5% weeks before the end of the contract?

No retro is correct. First 3% is upon ratification or effective date. Say June. Then 2.5 % anniversary raises in June of 2017, June 2018, and final in June 2019 for a two month period when contract expires in August. The compounding is correct at 10.9 % over the contract.

there is no retro pay in the contract