June 5, 2016

Big gains from Verizon strike

Communications Workers of America

After 45 days of the largest strike in recent history, Verizon will add 1,300 new East Coast call center jobs and reverse several other outsourcing initiatives that will create new field technician jobs. The four-year proposed agreement provides 10.9% in raises, a $1,250 signing bonus in the Mid-Atlantic and a $1,000 signing bonus plus a $250 health care reimbursement account in the Northeast, $2,800 minimum in profit sharing, and pension increases.

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