RedSmithClone
Active Member
A little birdie told me that The telegraph management is putting pressure on the union to open up their current contract and accept three changes.
1. A reduced rate of company match to the 401k
2. Two more weeks of furlough next year
3. For anyone with an HMO plan to switch to the higher priced HRA out of pocket plan
Now mind you, this information came one day after the higher ups sent out a job opening memo telling everyone that they will be adding a new Managing Editor position. Well technically I guess it is a position they used to have years ago and decided to bring it back.
Also keep in mind that when the topic of furloughs came up last year, the union of newsroom employees agreed to do two weeks of furlough on the condition that the company would extend the current contract through the end of 2010. That includes same benefits. The company supposedly jumped at the agreement.
Now they want to scrap that deal and force the union members into agreeing to their demands.
How is it forcing? Well they are basically saying it is up to you to save co-workers jobs. Obviously in a smaller place most of these people are probably friends.
According to my buddy, the company has come up with figures that could lead to cost cutting by means of laying off between two and four newsroom CBU members. Now I know four doesn't seem like much, but word is they have skeleton crew as it is in every department.
The health care deal equals two people and the 401k-furlough equal two more.
Here is what an e-mail my buddy received from his union reps said today:
"not agreeing to the health-care change means two layoffs, and not agreeing to furloughs/401k means two layoffs. This could possibly mean NO layoffs. However, as I've been taking an informal poll with those in the newsroom who are not on the HRA26, it seems very split on those who would be willing to change and those who want to stay on HMO/HRA20, which people do have a right to keep through the end of 2010. So this really doesn't change too much from the previous e-mail, as it still basically means two layoffs.
It has come up that there is still concern that we are not getting anything in return for accepting these changes. Besides keeping our jobs. If anyone has a suggestion, please let me know, and I will get back to management. One proposal that was already turned down was to be able to roll over sick days, which they've said is "against company policy." As this is something that doesn't even cost the company money and they've shot it down, I'm open to creative suggestions."
Now the breakdown they gave out for cost savings was:
"They did not provide us with complete numbers for health insurance, as open enrollment ended just last week. They said 18 of us were on HMO and 5 of us on HRA20 this past year. The rest of the company has been forced into HRA26, the newest "co-insurance" plan. Now, I don't know if everyone stayed on the same (old) plans, or if some people switched to the new HRA26. But if all 23 people switched to HRA26, the company says it would save $63,685.
With the 30 CBUs taking two-week furloughs, the company says it would save $42,595.
And if the 28 people who do 401k took the match cuts, the company says it would save $20,167.
This is a total of $126,447."
*******
If this were my shop, I would probably say OK to the furloughs (first week is free, second week you can collect in NH), but no to switching health and 401k.
What do you all think?
1. A reduced rate of company match to the 401k
2. Two more weeks of furlough next year
3. For anyone with an HMO plan to switch to the higher priced HRA out of pocket plan
Now mind you, this information came one day after the higher ups sent out a job opening memo telling everyone that they will be adding a new Managing Editor position. Well technically I guess it is a position they used to have years ago and decided to bring it back.
Also keep in mind that when the topic of furloughs came up last year, the union of newsroom employees agreed to do two weeks of furlough on the condition that the company would extend the current contract through the end of 2010. That includes same benefits. The company supposedly jumped at the agreement.
Now they want to scrap that deal and force the union members into agreeing to their demands.
How is it forcing? Well they are basically saying it is up to you to save co-workers jobs. Obviously in a smaller place most of these people are probably friends.
According to my buddy, the company has come up with figures that could lead to cost cutting by means of laying off between two and four newsroom CBU members. Now I know four doesn't seem like much, but word is they have skeleton crew as it is in every department.
The health care deal equals two people and the 401k-furlough equal two more.
Here is what an e-mail my buddy received from his union reps said today:
"not agreeing to the health-care change means two layoffs, and not agreeing to furloughs/401k means two layoffs. This could possibly mean NO layoffs. However, as I've been taking an informal poll with those in the newsroom who are not on the HRA26, it seems very split on those who would be willing to change and those who want to stay on HMO/HRA20, which people do have a right to keep through the end of 2010. So this really doesn't change too much from the previous e-mail, as it still basically means two layoffs.
It has come up that there is still concern that we are not getting anything in return for accepting these changes. Besides keeping our jobs. If anyone has a suggestion, please let me know, and I will get back to management. One proposal that was already turned down was to be able to roll over sick days, which they've said is "against company policy." As this is something that doesn't even cost the company money and they've shot it down, I'm open to creative suggestions."
Now the breakdown they gave out for cost savings was:
"They did not provide us with complete numbers for health insurance, as open enrollment ended just last week. They said 18 of us were on HMO and 5 of us on HRA20 this past year. The rest of the company has been forced into HRA26, the newest "co-insurance" plan. Now, I don't know if everyone stayed on the same (old) plans, or if some people switched to the new HRA26. But if all 23 people switched to HRA26, the company says it would save $63,685.
With the 30 CBUs taking two-week furloughs, the company says it would save $42,595.
And if the 28 people who do 401k took the match cuts, the company says it would save $20,167.
This is a total of $126,447."
*******
If this were my shop, I would probably say OK to the furloughs (first week is free, second week you can collect in NH), but no to switching health and 401k.
What do you all think?