Nabisco workers end week-long strike after signing new contract

The photos also showed that the contract included a bonus of $ 5,000, with the company doubling its 401 (k) matching contributions from 2...

The photos also showed that the contract included a bonus of $ 5,000, with the company doubling its 401 (k) matching contributions from 25% to 50% for up to 6% of employees’ eligible salary starting in 2022.

Although the union’s previous contract expired months ago, the stalemate began in earnest in August, when workers at a Nabisco bakery in Portland, Ore., Went on strike. Their union argued Mondelez demanded unreasonable contract concessions during a period of sharp increases in revenue for the company.

Workers in Colorado, Virginia, Illinois and Georgia followed suit, with more than 1,000 Nabisco workers taking part in the strike, the union said. The strike affected three bakeries and three small retail distribution facilities, according to Chicago-based Mondelez.

As the strike continued, tensions mounted over the contract dispute – and as Mondelez revealed its benefits. For the three months ending in June, the company reported a 12% increase in turnover compared to the previous year.

Picket line strikers in Portland last week blocked several vehicles attempting to leave a factory in Nabisco, prompting an altercation with security guards, the TV station KATU reported.

During contract negotiations, the union urged Mondelez to restore a pension plan for Nabisco employees, which it replaced with a 401 (k) program in 2018.

A key point of contention between the union and the company concerned overtime: Mondelez wanted some Nabisco employees to work up to 12 hours without being entitled to overtime payment, in exchange for fewer days per week. Those who work weekends, previously eligible for extra pay, would only get the bonus after working 40 hours per week. Those weekend shifts will be filled primarily with new hires under the agreement, according to photos of the contract posted online.

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Newsrust - US Top News: Nabisco workers end week-long strike after signing new contract
Nabisco workers end week-long strike after signing new contract
Newsrust - US Top News
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