AT&T-union pact boosts job security, but pay rises are below recent levels
Article Abstract:
AT&T has reached a contract agreement with the Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW) after weeks of negotiation. The previous contract expired on May 31, 1992. The settlement includes more job security for the union members but pay raises will be held to an average of 11.1 percent over the next three years. Under the terms of the three-year contract the 125,000 union members will have more opportunity to find new positions within AT&T and its subsidiaries should they lose their present positions and they will be entitled to weekly termination pay for up to two years or a lump-sum payment. AT&T won its demand to base the pay structure of phone-store and telemarketing personnel on commissions rather than pay flat salaries. Other provisions give union members stock options, boost day care funding and expand some health benefits.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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AT&T unions will put job security at top of agenda in labor negotiations
Article Abstract:
Job security will be a major issue when AT&T begins talks on a new three-year contract with its unions. Talks are scheduled to begin on Monday, Mar 30, 1992, involving AT&T and the Communications Workers of America and the International Brotherhood of Electrical Workers. Slowed economic conditions and layoffs translate into increasing importance placed on job security not only in the telecommunications industry, but throughout the nation's economy. Telephone companies have cut about 130,000 jobs since the 1984 break-up of the Bell system and more job losses are expected. According to Pete Lunnie, labor relations director for the National Association of Manufacturers, job security will be a significant issue for many years to come.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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AT&T's unions threaten to switch firms for service
Article Abstract:
AT and T's two unions, the Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW), threaten to switch 'tens of thousands' of workers from AT and T's personal long distance service to services offered by small carriers around the country. The threat comes amidst a labor contract dispute over job security and other issues. CWA Pres Morton Bahr says picketing of AT and T board member homes and offices will likely also be implemented. AT and T VP William Ketchum says switching long-distance services to nonunion carriers would be 'nonsensical' and that a move away from AT and T service would further erode job security. Ketchum says the company plans to continue the current labor contract.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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