Sentences with phrase «wage concessions in»
Without massive wage concessions in Mexico, NAFTA will never pass Congress even if a Democratic majority is elected this fall.
http://business.financialpost.com/ Not exact matches
GM, which in February announced its plan to shut down one of its plants in Korea, wants wage concessions from its labor union as well as...
It is seeking government funding and incentives as well as wage concessions to save the unit, which just posted an annual net loss of $ 1.1 billion, its fourth straight year in the red.
Donohue has been very outspoken during this budget battle, issuing some memorable zingers directed at Gov. David Paterson in response to the governor's efforts to get the public employee unions to agree to concessions such as furloughs or a wage freeze that he says would help close the budget deficit.
One insider said two of the large public - employee unions did make a last - minute offer of some concessions to the governor, but only in exchange for a firm, four - year contract guarantee, including wage hikes.
In exchange for a cost - of - living wage increase, I would expect the contract to include concessions from the unions, for example, less paid vacation days, and increased employee contribution for current and retiree health care costs.
The governor announced earlier this month that Council 82 agreed to cuts in health care benefits, wage freezes and additional concessions that avoided layoffs.
But when budgets are squeezed, as they are now, municipal leaders often seek wage or benefit concessions, which leave unions with little incentive to come to the bargaining table and negotiate in earnest.
For example, Cuomo is making a concession to the liberal wing of the Democratic Party that helped spoil his showing in the 2014 election by proposing to raise the minimum wage to $ 10.50 statewide — and $ 11.50 in New York City — by the end of the year.
Lawmakers worked toward a budget deal late Monday in Albany, as New York Governor Cuomo indicated he's making some concessions on the minimum wage.
So far, his tenure has entailed cutting salaries across the board by 10 percent; imposing $ 81 million in wage concessions; and announcing a new state - run educational authority to oversee Michigan's lowest - performing schools that will pilot in Detroit next year.