We are the United Steelworkers, North America’s largest industrial union. We’re 1.2 million members and retirees strong in the United States, Canada and the Caribbean. We proudly represent men and women who work in nearly every industry there is.
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 EBITDA of 395,000,000. There were 6,284,964 eligible hours worked resulting in a profit-sharing amount of $0.99 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.
$0.99 x 520 hours = $514.80 $0.99 x 624 hours = $617.76
In Solidarity, Pete Trinidad Sr. USW 6787 President
On Tuesday April 16, 2024 United Steelworkers Local 8599 held our Local Union Officers and Grievance Representatives/Shop Stewards election.
On Tuesday April 16, 2024 United Steelworkers Local 8599 held our Local Union Officers and Grievance Representatives/Shop Stewards election.
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The following will be sworn in on May 18, 2024 at our General Membership Meeting 9:00am for a three - year term beginning on May 18, 2024 - May 14, 2024.
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The following will be sworn in on May 18, 2024 at our General Membership Meeting 9:00am for a three - year term beginning on May 18, 2024 - May 14, 2027.
Congratulations to all of our Executive Board Members and Grievance Stewards on their continued dedication and reelection. We are pleased to welcome our new Grievance Stewards.
Congratulations to all of our Executive Board Members and Grievance Stewards on their continued dedication and reelection. We are pleased to welcome our new Grievance Stewards.