Frontier Communications Workers are planning to picket in Hemet on Sunday, August 15, and the company wants to reduce employee benefits, failing to offer higher living costs and higher hazard pay during a pandemic. Executives have received a bonus of approximately $ 38 million.
Employee represented by Communications Workers of AmericaAs labor negotiations continue, more and more people are being mobilized in the Inland Empire. As many as 500 workers are expected to participate in the information picket on Sunday.
Approximately 2,000 CWA members across California are calling for significant wage increases for the life of the new employment contract, according to Don Lewis, co-chair of the union’s negotiating committee.
“The frontier is not keeping up with the consumer price index and living expenses,” he said. “These employees are the ones who kept the company growing and moving forward while Frontier went bankrupt, and they deserve to be recognized for that.”
Chapter 11 Filing
Frontier Submit to Chapter 11 Claims issues related to April 2020 protection, consolidation of recent acquisitions (including Verizon assets in three states), “fierce” competition, changing consumer preferences, and the need to upgrade from copper cables to fiber optics Made $ 17.5 billion in funding debt “unsustainable”. “
The application was part of Frontier’s restructuring program to reduce debt by more than $ 10 billion.
“The memo expired and the company was unable to make a payment,” Lewis said.
CWA’s current employment contract was extended in 2020 as the telecommunications company went bankrupt. The extension will expire on September 4th.
Data from PayScale.com Frontier network engineers average $ 23, field service technicians average $ 28, customer support analysts average $ 29, and cable splicers average $ 36 per hour.
Frontier said in a statement released Thursday that he hopes to reach a mutually acceptable agreement.
“It’s too early to dig into the details because we’re currently in talks with CWA,” the company said. “We want to be fair to our employees and quickly reach an agreement that balances their needs with the highly competitive reality of our business.”
A New York bankruptcy judge has approved payment of an executive bonus of approximately $ 38 million a month after Frontier’s bankruptcy filing. Law360 report.
The bonus was approved in a complaint from a US fiduciary office after hearing that the two creditor groups withdrew their own objections when Frontier agreed to adjust the payment schedule.
At a hearing in May 2020, Frontier lawyer Stephen Hessler said the bonus would be distributed to 390 middle managers, each receiving $ 30,000 to $ 233,000.
Payments include an employee retention bonus of $ 14.7 million, an incentive bonus of up to $ 21 million based on the company’s financial performance, and $ 2 million reserved for additional new employees and other payments the company deems necessary. Was included, Mr. Hessler said.
According to Lewis, the CWA recently won an arbitral tribunal proving that Frontier is outsourcing work to India. This saves the company money, but violates the union’s collective bargaining agreement. Frontier also uses contractors in the state as part of its service operations, which impacts its customers, he said.
“You’re talking about an untrained contractor,” he said. “And these people go to the customer’s home without security checks.”
Lewis wants an agreement that both sides can live together.
“The negotiations started quite negatively, but we have made some progress,” he said. “Employees are fighting for quality customer service as well as fair salaries and benefits. We are also fighting for our customers.”
Frontier Communications workers to picket over eroding pay, benefits – Press Telegram Source link Frontier Communications workers to picket over eroding pay, benefits – Press Telegram