Friday, December 2, 2022

Rail unions

Private unions are good for the country but when it comes to negotiations their ultimate weapon is to strike. Congress intervened and took away that weapon. Railroad workers have expressed dismay at Joe Biden’s proposed solution to a looming strike that threatens to derail the US economy, which they say belies his image as the most pro-union president in generations. This is from CNN. Rail unions decry Biden’s call for Congress to block strike. Businesses praise the plan The unions wanted 6 sick days with pay and the company refused. Workers earn $40,000 to $60,000 per year depending on the type of work, location and seniority. While these salaries are low based on the work requirement the benefits are very good including healthcare, pensions and vacation days. The new contract included a one time payment of $11,000 to each employee plus a five percent raise each year over the next five years.

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