by eolesen
Op-ed today in Real Clear Policy.... I'm not a big fan of Jerry Glass, but he has been involved in labor relations and the RLA for about 40 years give or take.
https://www.realclearpolicy.com/article ... 62808.html
https://www.realclearpolicy.com/article ... 62808.html
These are historically rich deals based on the framework recommended by a panel of three neutral arbitrators hand-picked by President Biden. The agreements are the product of the actions that elected rail labor leaders took with the support and direct intervention of the President, an unabashed supporter of organized labor. They will make jobs that already were in the 93rd percentile of total compensation of U.S. wage earners even better.
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It is hard to argue that the 24 percent wage increase is not very significant. It is also fair to say that the average pay of a rail employee, which will exceed $110,000 by the end of the new contract, is excellent. Most American workers would also jump at valuable and secure federal retirement program that railroads fund and the chance to participate in the platinum-level health plan these deals maintain.
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Owner/operator of TrainSim.com (the internet's largest train simulation community)
Owner/operator of TrainSim.com (the internet's largest train simulation community)