equitieswatch
Tuesday, June 6, 2023
About us
Advertise
  • Home
  • Stock Market
  • Finance
  • Cryptocurrency
  • Commodities
No Result
View All Result
Equitieswatch.com
No Result
View All Result

Grocery workers vote to strike if needed in South California for higher wages By Reuters

by equitieswatch
March 27, 2022
in Stock Market


© Reuters. FILE PHOTO: The United Food & Commercial Workers International Union (U.F.C.W) logo is seen at their headquarters in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly

(Reuters) – Around 48,000 grocery workers voted to strike if needed when seeking higher wages from stores owned by Kroger (NYSE:) Co and Albertsons Companies Inc in South California, the UFCW 770 union said on Saturday.

The United Food and Commercial Workers International Union (UFCW) has been seeking significantly higher and equal pay, sufficient staffing and enough working hours in their negotiations with the grocers, which began on Jan. 28.

As food prices rise in the United States, workers are pushing big corporations that have been posting record profits to offer more.

Politicians, including President Joe Biden and Senators Bernie Sanders and Elizabeth Warren, too have voiced their support and urged companies to share a bigger portion of their profits.

The union said in a statement that it will notify workers if a decision is made to strike.

It said there was a big disconnect between its proposal and an hourly raise of 60 cents or less than a 1% increase offered by the grocers, including Ralphs, Albertsons, Pavilions and Vons.

Kroger-owned Ralphs called the union’s proposal unrealistic as it is expensive to do business in California, while proposing to maintain its nearly $133 million investment in health care benefits annually.

The grocer, which has around 190 stores in California, said it might have to start making contingency plans, including advertising for temporary workers, to keep its business running.

As the previous workers’ contract expired on March 6, the labor union has slapped unfair labor practice charges against the grocers. They include allegations of attempts to influence members by providing gifts and outsourcing jobs.

The union said bargaining with the grocers will resume on Wednesday and if talks fail, it would decide on the next steps.

Ralphs also said on Monday it was hopeful the union would return to the bargaining table with renewed interest in reaching a balanced deal.

Albertsons did not respond to a request for comment.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

YOU MAY ALSO LIKE

Mexico’s new airport gets boost from Panama’s Copa Airlines By Reuters

Honda and Sony Team Up to Tackle Tesla

ShareTweetPin

Search

No Result
View All Result

Recent News

Oil slips further on demand, financial market worries By Reuters

Oil Sinks Further Amid China Concerns, Weakened Economic Prospects By Investing.com

October 25, 2022
Gold Up, Set for Second Weekly Gain as Dollar Falls from 20-Year High By Investing.com

Gold Pressured Near $1,650, Copper Muted on Economic Fears By Investing.com

October 25, 2022
Explainer-What would be the impact of Russian oil sanctions in Europe? By Reuters

Oil prices edge higher as U.S. dollar eases By Reuters

October 25, 2022
Equitieswatch.com

Equitieswatch.com is your Stock Market, Finance, Forex, Cryptocurrency, Business, NFT News Website. We provide you with the latest breaking news and videos straight from the Business industry.

  • Home
  • About us
  • Contact
  • Privacy Policy

© 2022 www.equitieswatch.com

No Result
View All Result
  • Home
  • Stock Market
  • Finance
  • Cryptocurrency
  • Commodities

© 2022 www.equitieswatch.com