Blog

National Grid is jeopardizing the safety of our communities by locking out 1,100 of its most experienced employees who are critical to ensuring safe and quality gas work in Massachusetts.

The 9/1/2022 United Steelworkers Basic Labor Agreement (BLA) provides for a profit-sharing pool of 6% of the Company’s profits, defined as Earnings Before Interest and Taxes (EBIT).

There was an adjusted reported EBITA of 265,000,000. There were 6,306,067 eligible hours worked resulting in a profit-sharing amount of $0.22 per hour with a maximum of 48 eligible hours per week.

Adjusted EBITDA – Depreciation & Amortization x Profit-Sharing Percentage (6%)  x USW Hours Ratio (60%) ÷ Eligible hours = Payout/hour.

NOTICE OF ACCEPTING APPLICATIONS FOR EMPLOYMENT (Begins 2-5-24 at 8:00 AM)

For a printable copy of the 2024 Calendar, please click on the PDF link below. 

The 9/1/2022 United Steelworkers Basic Labor Agreement (BLA) provides for a profit-sharing pool of 6% of the Company’s profits, defined as Earnings Before Interest and Taxes (EBIT).

There was an adjusted reported EBITA of 603,000,000. There were 6,162,422 eligible hours worked resulting in a profit-sharing amount of $2.11 per hour with a maximum of 48 eligible hours per week.

Adjusted EBITDA – Depreciation & Amortization x Profit-Sharing Percentage (6%)  x USW Hours Ratio (60%) ÷ Eligible hours = Payout/hour.

The deadline for 2024 Open Enrollment is November 5, 2023.  If you are not going to make any changes to your medical plan, no action is required and your previous year’s elections will remain unchanged.

The deadline for the 2023 Health Awareness Initiative (HAI) is fast approaching.  In order to qualify for funding in your Health Reimbursement Account (HRA) in 2024, your completed verification form must have a date of service between October 1st, 2022 and September 30, 2023 and your form must be submitted no later than November 15, 2023. 

The 9/1/2022 United Steelworkers Basic Labor Agreement (BLA) provides for a profit-sharing pool of 6% of the Company’s profits, defined as Earnings Before Interest and Taxes (EBIT).

There were 6,266,696 eligible hours worked resulting in a profit-sharing amount of $3.02 per hour with a maximum of 48 eligible hours per week.

Adjusted EBITDA – Depreciation & Amortization x Profit-Sharing Percentage (6%)  x USW Hours Ratio (60%) ÷ Eligible hours = Payout/hour.

The 9/1/2022 United Steelworkers Basic Labor Agreement (BLA) provides for a profit-sharing pool of 6% of the Company’s profits, defined as Earnings Before Interest and Taxes (EBIT).

There were 6,347,833 eligible hours worked resulting in a profit-sharing amount of $0.05 per hour with a maximum of 48 eligible hours per week.

Adjusted EBITDA – Depreciation & Amortization x Profit-Sharing Percentage (6%)  x USW Hours Ratio (60%) ÷ Eligible hours = Payout/hour