GE, Unions Reach Tentative Agreements on New Contracts
June 21 2015 - 11:43PM
Business Wire
GE today reached tentative agreements on new labor contracts
with national leaders of its two largest unions, the IUE-CWA and
the United Electrical, Radio and Machine Workers of America (UE),
after three weeks of negotiations. The agreements are now subject
to review by union negotiating committees and ratification by union
members.
GE’s existing four-year national contracts with the IUE-CWA and
the UE expire at midnight tonight.
The four-year job packages provide improvements in healthcare,
wages, pension and job and income security. The contract provisions
will also be extended to additional unions that have local
contracts with GE.
IUE-CWA President Jim Clark said, “I am extremely proud of our
bargaining team for their persistence and focus on detail in
achieving this new national contract, which I’m confident will be
viewed by our membership as a winning contract that will increase
their job security while also giving them improvements in benefits
and wages. I’m very pleased that all of the CBC union leaders have
endorsed the contract for ratification by their members. I want to
thank our IUE membership for standing so strongly behind us
throughout this process.”
IUE-CWA GE Conference Board Chairman Bob Santamoor said, “There
were major issues resolved in the final moments of the negotiations
process. I am very proud of my staff and the IUE bargaining team
for all of their hard work and determination over the past weeks.
The IUE bargaining committee spoke eloquently and passionately on
behalf of our membership, and without them we could not have
achieved the significant improvements in this contract.”
Clark and Santamoor are recommending acceptance of the tentative
agreement to the IUE-CWA negotiating committee and the conference
board.
UE General President Bruce Klipple said, “Hard bargaining has
produced an agreement we will recommend to UE local leaders. Our
members will make an important choice in the days ahead.”
Klipple is recommending acceptance of the tentative agreement to
the UE negotiating committee and conference board.
GE Vice President Greg Capito said, “We have achieved our goal
of creating fair agreements that will continue providing employees
with good wages and benefits, while addressing current and
projected competitive realities facing the company. The new
contract is endorsed by the union leadership and offers a strong
future for both GE and our employees. With this contract, GE is
proud to continue offering good jobs that are among the best in the
country.”
Delegates from the IUE-CWA and the UE are expected to meet early
this week to review the tentative agreement and decide whether to
submit it to members for a ratification vote. If recommended for
approval by union leaders, the ratification votes are expected to
take place by the end of the month.
The unions affected by these tentative agreements represent
approximately 16,500 GE employees in the U.S. These unions are
members of the Coordinated Bargaining Committee (CBC) of GE
Unions.
National negotiations are conducted with the IUE-CWA and the UE,
and local contracts are negotiated with other CBC unions.
The IUE-CWA represents about 9,300 GE employees, and its labor
agreement covers GE locations including Louisville, KY (GE
Appliances); Lynn, MA (GE Aviation); and Schenectady, NY (GE Power
& Water). The UE represents about 3,480 employees and its labor
agreement includes Erie, PA (GE Transportation) as the largest
site. Contracts negotiated with additional unions at the local
level represent the remaining unionized employees.
For more information, visit www.geunionnegotiations.com.
About GE
GE (NYSE:GE) imagines things others don’t, builds things others
can’t and delivers outcomes that make the world work better. GE
brings together the physical and digital worlds in ways no other
company can. In its labs and factories and on the ground with
customers, GE is inventing the next industrial era to move, power,
build and cure the world. www.ge.com.
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GEMedia:Chris Horne, 518-225-2779
(mobile)Christine.Horne@ge.comorMeghan Thurlow, 202-701-9351
(mobile)Meghan.Thurlow@ge.com
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