Printer Friendly

Nabisco pact rewards attendance.

Nabisco pact rewards attendance

A settlement between Nabisco Brands, Inc. and the Bakery, Confectionery and Tobacco Workers provided for wage increases totaling $1.50 an hour and a new attendance bonus plan. The wage increases, which apply to more than 8,000 workers at 13 plants in 10 States, are 50 cents retroactive to September 1, 1987, 25 cents effective on September 1, 1988, and March 1, 1989, and 50 cents on September 11, 1989.

The attendance plan provides for annual payments in December based on each employee's record during the preceding 12 months. The reward is $10 for perfect attendance in the first month, followed by progressively larger amounts for each succeeding month of perfect attendance, to a maximum total of $500 for the entire 12 months. This plan replaced one that gave employees a maximum of 3 days of pay or 3 days of paid time off per year. Reportedly, Nabisco was not

satisfied with that plan because most eligible employees chose the time off, which hampered production.

A company official said that it will also benefit from negotiated changes in work rules that will increase output.

Benefit changes included a two-step increase in the normal pension to $750 a month, from $650; a two-step increase in sickness and accident benefits to $160 a week, from $140; and a 25-cent-an-hour increase in Nabisco's financing of the health insurance plan, which was modified to cover organ transplants.
COPYRIGHT 1987 U.S. Bureau of Labor Statistics
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1987 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Nabisco Brands Inc. and Bakery, Confectionery and Tobacco Workers
Author:Ruben, George
Publication:Monthly Labor Review
Date:Dec 1, 1987
Words:238
Previous Article:GM-UAW settlement.
Next Article:Clothing workers accept 3-year accord.
Topics:


Related Articles
Nabisco sets pattern in baking industry.
Japan Tobacco acquires RJR Nabisco's int'l tobacco unit.
Philip Morris, Danone and Icahn Make Bids For Nabisco.
McDonald's has announced the election of Richard Lenny, chairman, president and chief executive officer of U.S. confectionery firm The Hershey...
Kraft Foods Inc. announced that it will acquire the Spanish and Portuguese operations of United Biscuits (UB).

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters