Bargaining Update - Benefits

The Unions and the Company met today and the session began with discussions about the demands the Company presented yesterday. The Unions expressed their anger over the Company changing their commitment to limit their agenda to “modest changes designed to change behavior in the medical plan.” The Company is demanding cost shifting in healthcare for actives and retirees, elimination of the cash out option, elimination of the COLA, elimination of the Corporate Profit Sharing and other reductions in wages and benefits.
The meeting turned to the Unions’ demands and the Company rejected the Comprehensive Proposal submitted by the Union.  They rejected employment security for all employees, protecting workers in the event the Company is sold, job posting and bidding, elimination of subcontracting, FIOS work performed by core employees and other proposals.  To date there is no agreement on any issue. It is now very clear that the Company has a wide agenda of take backs and concessions and at this time we are even further apart than when we first started.  This is the first time ever that the Company has bargained in this way and their lack of credibility at the table is making the task even harder. We must strongly urge our members to support their bargaining agenda by providing the Bargaining Committee with a large strike authorization vote.  While a vote to authorize a strike does not automatically mean there will be a strike, it sends a most important message to Verizon.  They need to understand that our members who make this Company a success will not give back or give up. We know there are rumors about bargaining.  Some are planted by the Company and some are just from the rumor mill.  This happens in every round of bargaining – the only reliable source of information about bargaining will come from your bargaining team reports.  We will make every effort to get these reports to locals as soon as a session ends.