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 9/1/18 USW agreement provides for a profit sharing pool of 7.5% of the company's profits, defined as Earnings Before Interest and Taxes (EBIT). The company reported an unaudited Adjusted EBIT of $106,832,880.15. As a result, there was $8,012,466.01 in profit sharing generated for the pool using the Basic Labor Agreement calculations.
PEP payments since 9/1/12 are $30,930,000. This is in excess of the $26,500,000 pre-existing pool which was funded by the 2012 Basic Labor Agreement by $4,430,000 which is being deducted from the profit sharing generated in Q1 2021. As a result, the profit sharing pool after the PEP deduction is $3,582,466.01
There were 5,579,148 .92 eligible hours worked resulting in a profit shari ng amount of $0.642 per hour with a maximum of 48 eligible hours per week.
The 9/1/18 United Steelworkers Basic Labor Agreement (BLA) provides for a profit-sharing pool of 7.5% of the company’s profits, defined as Earnings Before Interest and Taxes (EBIT). The Company reported an unaudited adjusted EBIT of $106,832,880.15. As a result, there was $8,012,466.01 in profit sharing generated for the pool using the Basic Labor Agreement calculations.
PEP payments since 9/1/12 are $30,930,000. This is in excess of the $26,500,000 pre-existing pool which was funded by the 2012 Basic Labor Agreement by $4,430,000 which is being deducted from the profit sharing generated in Q1 2021. As a result, the profit sharing pool after the PEP deduction is $3,582,466.01.
There were 5,579,148.92 eligible hours worked resulting in a profit sharing amount of $0.642 per hour with a maximum of 48 eligible hours per week.
$0.642 x 520 hours = $333.84 $0.642 x 624 hours = $400.61
In Solidarity, Pete Trinidad Sr. USW Local 6787 President
Jim Kilborn, Assistant to the Director USW District 12
Rosie Gonzales, International Staff Rep
Tamara Lefcowitz, Health Care Worker Council, USW
We know opening our contract for the first time in 16 years is important and our members showed they are united. Members stepped up and responded to our bargaining survey and this helped us shape our local bargaining priorities. Some major issues we plan to address in our local contract are:
Compensation, wages and premium pay
Shifts/ Scheduling
Seniority
Language Updates
Opportunities for Growth
But we need you to win the best contract! Details to come about how you can join our Social Media Takeover on 5/13 to show KP we are united for the Best Jobs for the Best Care. Hear directly from the bargaining committee about our first day of negotiations by registering for our Local Bargaining Town Hall on May 13 at 6pm by clicking HERE: http://usw7600.ink/NP
In the meantime, we ask that you continue telling our story and sharing our petition [2] urging West Virginia Gov. Jim Justice to help save our jobs.
In the meantime, we ask that you continue telling our story and sharing our petition [2] urging West Virginia Gov. Jim Justice to help save our jobs.
The West Virginia Legislature passed a resolution this spring urging the governor to form a task force with congressional representatives, labor organizations and other industry leaders. We need him to act quickly!
The West Virginia Legislature passed a resolution this spring urging the governor to form a task force with congressional representatives, labor organizations and other industry leaders. We need him to act quickly!
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You can find this and other important information on our updated local union website: www.usw8-957.org [3].
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You can find this and other important information on our updated local union website:
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www.usw8-957.org [3].
We will continue to keep you posted on any updates or actions. Please stay in touch by texting *USW8957 *to *77820*.
We will continue to keep you posted on any updates or actions. Please stay in touch by texting *USW8957 *to *77820*.
Our local bargaining committee this week continued its work on effects bargaining. As you should already know, we gave the company our proposal in late March, and on April 22, we received a response. Late last week, we met with the company by video so we could discuss this response.
This week, our local bargaining committee met with representatives from the International to formulate a counter-proposal. We will be scheduling a meeting with Viatris soon so we can present our counter-proposal to the company.
As we continue with effects bargaining to settle issues like severance, health care, pension benefits and more, it’s important that we act deliberately so that we’re making the most out of this process.
As we have stated before, exchanging proposals and reaching an agreement can take time. We thank you for your patience and will of course let you know as we have more information to share.
Sign the petition
In the meantime, we ask that you continue telling our story and sharing our petition urging West Virginia Gov. Jim Justice to help save our jobs.
The West Virginia Legislature passed a resolution this spring urging the governor to form a task force with congressional representatives, labor organizations and other industry leaders. We need him to act quickly!
You can find this and other important information on our updated local union website: www.usw8-957.org.
We will continue to keep you posted on any updates or actions. Please stay in touch by texting USW8957 to 77820.
Your USW Local 8-957 Bargaining Committee Sign up to receive text updates - USW8957 to 77820
