My opinion, here is a breakdown of what the final TA will look like which is similar to other recent signed contracts across the company. If the company deviates and wants to drag negotiations out past expiration then, expect a strike to happen. There maybe some variance in these numbers, probably not by much. D3 core will be negotiating this year too since, their contract expires in August 3, 2024.
- 4 year contract.
- 14% total raise over contract with the first year being 5% then 3% @ year.
- COLA, capped at up to 5% total amount including, the yearly raise.
- Healthcare cost will remain at 29% for pre 2025, 32% for post 2025 hires.
- Pension will remain for legacy employees.
- Retiree healthcare remains.
- Improved job security.
- Improved cash balance match.
Majority of the contract will stay the same. Small to no gains but nothing life changing, of course it will be advertised as a Big Win. Layoffs will continue, pre and post contract with some units slightly expanding, others contracting so, BAU.
Other opinions and suggestions for negotiations are welcome here.