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UPDATE 1- General Electric faces first strike in 30 years.
(From FT Investor (Stories))
Many of General Electric's US plants could be crippled as the world's biggest industrial company faces its first strike in 30 years.
The strike alert, which could herald a tough year ahead for GE on the industrial relations front, was triggered on Wednesday when an average rise of about $200 a year in the amount employees and retirees must pay to the company's managed healthcare plan took effect.
The increase raises each worker's contribution towards healthcare to about $700 a year. The International Union of Electrical-Communications Workers of America voted in October to strike if the company pushed the increases through. It is now expected to set a date for the strike.
The IUE-CWA has won the support of at least one other of GE's 14 unions for its strike threat. About 17,500 workers would be affected, representing 6 per cent of GE's US workforce. The company employs more than 300,000 people worldwide.
The threat is concentrated mainly on GE's industrial operations. It is seen as a foretaste of tough negotiations due in May on a new national wages and benefits ...
- Local IUE-CWA/GE Leaders Recommend GE Contract to Membership; Vote to be...
- Press release article from: PR Newswire June 18, 2003 700+ words
...settlement for union members at GE as the IUE-CWA negotiating committee beat...the first time ever in national IUE-CWA/GE negotiations, the company agreed...ever at $1.7 billion," said IUE-CWA/GE Conference Board Chairman Art Smith...
- IUE Accepts GE's Final Offer for Membership Vote.
- Press release article from: PR Newswire June 28, 2000 700+ words
...PRNewswire/ -- Delegates to the IUE-GE Conference Board today voted unanimously...economic package in the history of IUE- GE bargaining, representing a 14 percent...to address issues affecting every GE business with IUE-represented members -- aircraft...
- GE Statement On IUE-CWA Strike Announcement.
- Press release article from: Business Wire January 7, 2003 700+ words
...Workers of America (IUE/CWA) over changes...health care plan that GE announced last summer...accordance with the terms of GE's collective bargaining agreement with the IUE/CWA. The IUE/CWA...last two days. The IUE/CWA has cited changes GE announced last summer...
- IUE Members Ratify GE Contract by Huge Margin.
- Press release article from: PR Newswire July 7, 2000 700+ words
...released today by the IUE-GE Conference Board. With...of actual votes cast. IUE represents 20,000 workers at GE. The agreement boosts...I congratulate all IUE members for winning these...They mobilized and showed GE that they were willing...
- MARTIN MARIETTA SIGNS AGREEMENT WITH IUE, ASSUMES GE CONTRACT
- Press release article from: PR Newswire June 28, 1993 700+ words
...Electric Aerospace Division, which GE sold to Martin Marietta. In the agreement between IUE and Martin Marietta signed June...members had counted on," said IUE President Bill Bywater and IUE-GE Chairman Dewey Minton. "This...
- IUE-CWA Urges Investors, Analysts to Support Four Shareholder Proposals on GE's...
- Press release article from: PR Newswire April 10, 2003 700+ words
...PRNewswire/ -- IUE-CWA President Edward...shareholder proposals on GE's 2003 proxy statement...shareholder investment in GE could be in danger...Company." Both the IUE-CWA Pension Plan...poor performance of GE stock. Finally, IUE-CWA threw its support...
- IUE-CWA Members Ratify GE Contract; Strong Support Shown for Agreement That...
- Press release article from: PR Newswire June 25, 2003 700+ words
...a tremendous victory for IUE-CWA members, other GE workers and all working families...in future negotiations." IUE-CWA currently has Working at GE (WAGE) organizing committees...breakthrough agreement," said IUE-CWA/GE Conference Board Chairman...
- GE Statement On Planned Strike By IUE and UE.
- Press release article from: Business Wire January 13, 2003 700+ words
...Communications Workers of America (IUE/CWA) and the United Electrical...issue," said Bill Conaty, GE's senior vice president for...Our changes are moderate and GE's health care benefits remain...unions, which represent 17,500 GE employees, decided to strike...
- GE Energy plant union to vote on contract: 4-year agreement includes raises,...
- Newspaper article from: Times Union (Albany, NY) June 26, 2007 700+ words
...Electric Co. About 1,100 members of IUE-CWA Local 301 will vote today...approved June 17 in New York City by GE and its two largest unions, IUE-CWA and the United Electrical...and Machine Workers of America. GE has about 20,000 workers across...
- IUE, UE Endorse Contracts With GE; Members to Vote on Three-Year Agreement July...
- Press release article from: PR Newswire June 28, 2000 700+ words
...International Union of Electronic Workers (IUE) and the United Electrical Workers of America...details of the job package with employees at GE facilities across the country tomorrow...completed by July 6. Contact: Gary Sheffer of GE, 203-253-9299, or (New York), 212...