| said by datguy8 :
in return for more benefits.
THats what people dont realize.. Unions accepted less pay increases for more benefits, so essentially by agreeing to "pay" for those benefits now would amount to a wage cut.
Other unions who pay for benefits also make a higher hourly wage (i.e. contructions unions, electrical unions) they make a lot more per hour but then have money taken out for benefits.
VZ is a profitable corporation- they are not bleeding millions like the car companies. And the higher ups have certainly rewarded themselves greatly.
If things were bad and the company was hurting ,then everyone from the CEO down would have to sacrifice.
But it never works that way, I remember a few years ago an airline asked and got concessions from its unions, and about a week later the CEO awarded himself a nice fat BONUS!!
Goes to show you there are no MORALS left in this world.
In some small business health insurance groups, premiums rose in the 15% area. I am sure the large group area is similar. So, that is a 15% increase in TOTAL comp. Mathematically, that is much better then getting a few percent bump in take home pay. When good benefits enrollment companies do the core enrollments, the programs will break down all comp, and health insurance paid by the employer is part of it. When companies are asked if they would like that as part of the program, they usually say yes.
Family coverage could cost 15k per year, give or take, of course YMMV depending on what is covered, etc. |
