United Steelworkers 105 announce details of tentative agreement with Arconic
BETTENDORF, Iowa (KWQC) - United Steelworkers Local 105 announced Saturday the group has reached a tentative agreement with Arconic.
The new contract includes a 7% pay raise in the first year, and a 4.5% pay raise each of the next three years, with a total of 20.5% pay raise over the length of the contract, according to a USW Facebook post. No healthcare charges or Performance Pay are also part of the deal as well as MLK Day as a paid holiday.
Officials say the agreement is endorsed by the USW bargaining committee, and that it is a fair deal, as Performance Pay is “baked into” the percentage raises.
For more info about the tentative agreement, click here.
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