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Corning agreement.

Coming Glass Works and the Flint Glass Workers negotiated a 3-year contract, covering about 3,200 production and maintenance employees at nine plants in the Corning, NY, area. The accord, which is retroactive to January 29, 1990, calls for an immediate 4-percent general wage increase, an immediate "partnership bonus" equal to 3.5 percent of an employee's earnings in the preceding year, and wage increases of 32 cents per hour in January 1991, and 34 cents in January 1992. In addition, 10-cent-per-hour skill adjustments will be paid to employees in several job classifications in the second and third years of the contract. The agreement also initiates a new "goal-sharing bonus program" starting in the second year. On February 1, 1992, employees potentially can earn bonuses equal to 1.25 percent to 2.5 percent of gross earning for the period July-December 1991, based on their success in meeting goals established at their individual plants. A year later, the employees can potentially earn an additional 2.5 percent to 5.0 percent of their gross earnings for calendar year 1992.

Other terms include a $2 increase in the monthly pension rate (to $19) for each year of service for active employees and a $1 increase for each year of service for pensioners; an expansion in health care benefits; upgrading of employees transferred into multicraft production jobs; increases in employees' weekly contributions of $3.10 for medical coverage (to $4.10) and 15 cents for dental coverage (to $1.85); the continuation of the cost-of-living adjustment clause that provides for annual payments of 1 cent per hour for each 0.5-point change in the Consumer Price Index for Urban Wage Earners and Clerical Workers of more than 6 percent; and a $50 increase in the annual health insurance deductible (to $250).
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Title Annotation:Developments in industrial relations; Corning Glass Works
Author:Cimini, Michael H.
Publication:Monthly Labor Review
Article Type:column
Date:May 1, 1990
Words:299
Previous Article:Honeywell accord.
Next Article:Shipbuilding settlement.
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