Sentences with phrase «wage deal reached»

Not exact matches

SEOUL, April 23 - General Motors Co's South Korean unit on Monday said it has reached a tentative wage deal with its labour union, meeting a key condition laid down by the U.S. automaker to prevent it filing for bankruptcy for the money - losing operation.

SEOUL, April 23 - General Motors Co's South Korean unit dropped a plan for a vote on a bankruptcy filing after reaching a tentative wage deal with its labour union on Monday that helped the U.S. automaker win concessions on pay, bonuses and benefits.

SEOUL / DETROIT, April 20 - General Motors» South Korean unit delayed a decision to file for bankruptcy protection until Monday afternoon, after the automaker failed to reach a wage deal with its labor union in time to meet a Friday deadline.

SEOUL, April 23 - General Motors» South Korean unit said that it has reached a tentative wage deal with its labour union on Monday, meeting a key condition laid down by the U.S. automaker to prevent it filing for bankruptcy for the loss - making operation.

SEOUL, April 20 - General Motors» South Korean unit and its labour union failed to reach a wage deal by Friday, breaching a deadline set by the U.S. automaker to seek bankruptcy protection for the loss - making unit.

Germany's biggest industrial union and employers have reached a wage deal that gives workers the equivalent of 3.5 percent annual raises over 27 months and the chance to work a 28 - hour week for up to two years.

As a result, that should give United more confidence of landing Griezmann, but if those wage demands are accurate, then it may not be as straight forward as assumed for the two parties to reach a deal and to add the Frenchman to a squad already containing star names such as Paul Pogba and Romelu Lukaku.

However, the next month Cuomo, Heastie and Flanagan announced a new deal that closely mirrored the mayor's revisions but with the added contingency of union representatives and developers reaching an accord over the prevailing wage.

Some Senate Democats are hopeful an eleventh - hour deal will be reached on the Wage Theft Protection Act and perhaps something to do with Green Jobs, but that would require a three - way agreement, because leaders are loath to gavel into regular session and open the door for a legislation free - for - all.

Martin is chair of the Labor Committee, which handles wage issues and is key to reaching a final deal on the budget.

NEW YORK CITY — Gov. Andrew Cuomo and Albany lawmakers reached a deal on the state budget Wednesday night that would boost the state's minimum wage to $ 9 an hour by 2016.

He and the legislature shortly thereafter announced a similar deal, with the added contingency of union representatives and developers reaching an agreement over the prevailing wage.

The average pay hike exceeded contractual raises for Nassau's union employees negotiated under labor deals reached in 2014 after a three - year wage freeze.

In that deal, New York City, Long Island, and Westchester County were given a different timeline to reach the higher wage than the rest of the state.

Cuomo and the Legislature reached a deal in 2013 that lifted the minimum wage to $ 8.75 at the end of 2014 and will increase the wage to $ 9 in December of this year.

The next month, Cuomo, Assembly Speaker Carl Heastie and Sen. Majority Leader John Flanagan presented a new deal that closely mirrored the mayor's plan, with a catch: Union representatives and developers needed to reach an accord over the prevailing wage.

(The framework deal includes a four - year extension, but the whole thing will expire if the labor unions and real estate industry fail to reach a prevailing wage agreement within six months).

Though in the budget, the hike in the minimum wage could wait until after the spending plan is ultimately adopted, giving lawmakers and Cuomo more time to reach a deal.

It's hard to say whether Cuomo is building up to a dramatic climax in which a last - minute deal is reached, enabling him to swoop in and save the day, or if he really means what he says and the whole minimum wage issue is moot — at least until after the fall elections.

ALBANY — Gov. Andrew Cuomo and state lawmakers reached a budget deal late Thursday that would eventually raise the minimum wage to $ 15, as well as create a program that would offer the longest period of paid family leave in the country.

Kate Browning (WFP - Shirley), Kevin McCaffrey (R - Lindenhurst), head of the GOP caucus, and Leslie Kennedy (R - Nesconset) calling for Bellone to take a direct role in reaching a fair wage deal.

The fate of the bill was put in their hands by Cuomo and legislative leaders after the governor insisted any deal had to include wage guarantees for labor - a position the governor still holds despite the fact that no deal has been reached and there are concerns about the development of affordable rental housing in New York City.

SYRACUSE, N.Y. — Gov. Andrew Cuomo made official Thursday night that the state budget deal he reached with Legislature leaders includes a $ 15 an hour minimum wage.

Ford and United Auto Workers (UAW) leaders have reached a tentative labor contract, which sees wage increases for workers and production of many models moving outside the U.S. Voting for the deal by the automaker's 53,000 hourly workers begins this week.

SEOUL (Reuters)-- South Korea on Friday urged General Motors Co's local subsidiary and labor union to reach a wage deal swiftly, saying the government will be able to discuss support for the...