Teamsters Says Waste Management Teamsters Overwhelmingly Ratify New Contract; New 5-Year Collective Bargaining Agreement Covers More Than 200 Drivers, Mechanics, & Machine Operators; Waste Management Workers Secure Substantial Pay Raise, Improved Health Care Benefits, Increased Pension Contributions
Portfolio Pulse from Benzinga Newsdesk
Teamsters have announced that Waste Management workers have overwhelmingly ratified a new 5-year collective bargaining agreement. The contract covers over 200 drivers, mechanics, and machine operators, providing substantial pay raises, improved health care benefits, and increased pension contributions.
July 18, 2024 | 4:21 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Waste Management workers have ratified a new 5-year collective bargaining agreement, which includes substantial pay raises, improved health care benefits, and increased pension contributions. This could lead to higher operational costs for the company in the short term.
The new contract will likely increase operational costs for Waste Management due to higher wages, better health care benefits, and increased pension contributions. This could negatively impact the company's short-term profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100