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NEWS-LOCAL1245

Foster Wheeler Martinez Pact Ratified

November 16, 2011

Local 1245 members at Foster Wheeler Martinez on Nov. 10 ratified the proposed changes to their Collective Bargaining Agreement.  The ratification vote was 10-2.

The package included:

  • 3 Year Term, 10/16/11 through 10/15/14
  • Y1 — 2.25%, Y2 — 2.5%, Y3 — 3%
  • Establishment of standby pay of $25 per day – provides an additional 1.8% in wages per person, per year (this was the highest priority for the members)
  • Equity increase to two classifications of $2.50 per hour before application of GWI
  • Significant increase in vacation allowance (increase in vacation time by at least one week for each person during the term of the CBA)
  • Increase in sick leave and ability to use sick leave benefits to care for disabled family members
  • Increase in company-provided life insurance to $60,000 in benefits per year
  • Slight increase in shift differential from $0.65 to $0.85.
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