Gulf Oil accord: short of union wage goal

Gulf Oil and the Oil, Chemical, and Atomic Workers reached a tentative settlement Jan. 11 in the first major labor contract bargaining of 1982, probably setting a pattern for 400 contracts with 98 oil refiners and averting a threatened strike by 55,000 workers.

The Gulf agreement, reached during a contract extension, will increase wages 16 percent over 2 years and add to fringe benefits. But it will not give the oil workers the no-layoff guarantees that had they had wanted.

The workers' national average wage of $11.66 an hour will rise $1.05 an hour the first year and an additional 90 cents in the second year if, as expected, the settlement is approved by workers.

In the past, a settlement with one of the major companies has been a pattern followed by others in the industry.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK