Friday, May 11, 2012

Voting begins on King Soopers contract offer - St. Louis Business Journal:

stockdaleiqemico1521.blogspot.com
Voting on the five-year offer by members of United Food and Commercial Workers Local 7 will continuethrougbh Wednesday. Union leaders are not making a recommendationm to their members on thecontract offer, which the union complains would cut pensionh benefits by an average of $100,000 -- a conclusion disputerd by management. “It’s a good contract in a normal economy. It’s a great contracgt in this economy,” King Soopers spokeswoman Diane Mulligahn saidlast week. She said roughluy 65 percent of workers would get raises underthe company’s proposal. King Soopers is a Coloradko unitof Cincinnati-based KR).
Colorado workers for two othefr grocerychains — Pleasanton, Calif.-based (NYSE: SWY) and Idaho-based (privately held) — continue to negotiate separate deals with their employers. If King Soopersx workers rejectthe chain’s latest they will continue working without a contrac until an agreement is reached or a strike is Their contract expired May 9.

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