To: TEAM Members
From: Communications Committee
Date: May 19, 2011
Re: IBEW Negotiations Update
On April 28, 2011, IBEW members rejected a tentative agreement in-line with the contract TEAM members accepted in 2010 i.e. 0%, 0%, 2%, overtime reduced to 1.5x for the first four hours, 1% increase to VPP, and a $500 lump sum payment. Yesterday, IBEW countered witha wage increase of 1%, 1%, 2% in lieu of the $500 lump sum and additional 1% on the VPP. The Company rejected this offer and has applied for conciliation
Full details of the IBEW negotiations can found here. We will keep you informed as information becomes available.