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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 02:49 PM
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Qwest reaches tentative agreement with union
Source: Associated Press

DENVER (AP) - Qwest Communications International Inc. (Q) says it has reached a tentative agreement for a four-year contract with a union representing about 20,000 employees.

The company made the announcement early Saturday. Members of the Communications Workers of America last month rejected a tentative three-year agreement with Denver-based Qwest, after the previous contract expired Aug. 16.

Results of a ratification vote on the new agreement by union members are expected by Oct. 31.

The new deal calls for a 12.5 percent raise over the course of the contract and a pension increase of 3 percent for those who are eligible and retire from the company after Oct. 12.

The CWA represents Qwest workers in 13 states.




Read more: http://apnews.excite.com/article/20081011/D93O7KR00.html




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