GE Union Members Vote ‘Yes’ on New Four-Year Contracts
Source: Yahoo
FAIRFIELD, Conn.--(BUSINESS WIRE)--
The members of GEs two largest unions have voted to approve new four-year national labor contracts with GE. Union officials informed GE that voting by members of the IUE-CWA and the United Electrical, Radio and Machine Workers of America (UE) was completed today, and that the national agreements have been ratified.
GE Vice President Greg Capito said, "This yes vote is good news for GE, the unions, our employees and ultimately, our customers. We are gratified that our represented employees have solidly backed this contract that provides an excellent GE job package, while helping the company to continue to succeed.
Union leaders and GE reached tentative agreements on the labor contracts on June 21st after three weeks of negotiations. The unions' bargaining committees and Conference Boards then endorsed the contracts, and the contracts were thereafter approved by membership votes in IUE-CWA and UE locals.
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