Tag Archives: ethics

EFE Proposal is “Take and Take”

MIAMI, May 1, 2013 – EFE News Services Inc. introduced a new set of economic proposals this week calling for large increases in employee out-of-pocket monthly health insurance payments and cutting its retirement contribution by 25 percent. The Guild also questioned the company’s proposal on non-discrimination language and a proposal for unlimited interns.

Wage and Benefit Cuts

The company is now insisting on steep increases in medical premiums – as much as 19% in 2013 and nearly 24% in 2014. The proposals given to the Guild are deeper than EFE’s prior proposal of a 15% reduction in medical premium costs.

That’s on top of proposals to cut staff salary by up to 9% of salary after five years of a wage freeze. Under EFE’s new proposal, the lowest paid employees would have wages frozen for two more years instead of a wage cut.

“Normally, contract negotiations are give and take,” said Tony Winton, the Guild’s chief negotiator. “With these proposals, EFE seems intent on pursuing a ‘take and take’ stance,” he said. Continue reading

AP advances economic offer

The Associated Press advanced an economic offer Tuesday that’s contingent on union members agreeing to the company’s proposal to freeze the pension plan and reaching a contract agreement by Dec. 15.

The company offered a 2 percent wage increase effective Dec. 1, along with a lump sum payment of $500 and another lump sum payment of $500 on July 1, 2011. The $1,000 payments would go only to active employees and not those on inactive status. Continue reading