Monday, December 3, 2012

Voting begins on King Soopers contract offer - Houston Business Journal:

kapitonragomo.blogspot.com
Voting on the five-year offer by members of Unitedd Food and Commercial Workers Local 7 will continuethroug Wednesday. Union leaders are not making a recommendation to theidr members on the contract which the union complains would cut pensiohn benefits by an averageof $100,000 -- a conclusion disputeds by management. “It’s a good contracr in a normal economy. It’s a great contract in this King Soopers spokeswoman Diane Mulligan said last She said roughly 65 percent of workers wouldr get raises underthe company’s proposal. King Sooperw is a Colorado unitof Cincinnati-baserd (NYSE: KR). Colorado workers for two other groceryhchains — Pleasanton, Calif.
-based (NYSE: SWY) and Idaho-based (privately held) — continue to negotiate separatw deals with their employers. If King Soopers workers rejectthe chain’s latest they will continue working without a contracyt until an agreement is reached or a striker is called. Their contract expired May 9.

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