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What the Guild offered to give up

Here's a run-down of the concessions the Boston Newspaper Guild has formally offered to management (advance apologies for any formatting problems).

On-the-record Boston Newspaper Guild Proposal to The Globe

May 3, 2009


THIS PROPOSAL IS MADE WITHIN THE CONTEXT OF VOLUNTARY MID-TERM NEGOTIATIONS.  THE GUILD RESERVES ALL RIGHTS IN SUCH REGARD.  THERE SHALL BE NO ALTERATION IN CURRENT PROVISIONS OF CONTRACT WITHOUT AGREEMENT.

1.      Raise Early Retirement age from 52 to 55       $1,000,000
2.      Reduce pension accrual from 1.8 to 1.6       $1,000,000
3.      Eliminate 401(a)       $450,000
4.      *1.3% Furlough for all employees       $659,750
5.      50% Reduction to Shift Contribution to Health Fund       $310,000
6.      Wage Cut for Non-Tier II (including B.com) @ 3.5%       $1,378,236
7.      Wage Cut for Tier II Employees @ 1%       $36,580
8.      Elimination of Co-op and Summer Intern positions       $452,563
9.      Elimination of Active Employee Life Insurance FT       $70,000
10.  Elimination of Active Part Time Life Insurance       $2,250
11.  Elimination of Retiree Death Benefit       $56,000
12.  Elimination of Tuition Reimbursement       $23,425
13.  Elimination of Eye Care Program       $19,327
14.  Elimination of PT sick day/b-day holiday       $165,621
15.  Elimination of MLK Day/Columbus Day holidays       $331,242
16.  Increase to 40 hour work week       $2,507,488
17.  Vacation accrual changes       $250,000
18.  Elimination of retiree healthcare 65+       $995,400
19.  Elimination of new quid       $200,000
20.  Elimination of messenger quid       $100,000
$10,007,882
·        In the event the 5% pay reduction for Globe management is restored, in whole or in part, then the same percentage of reduction shall be restored for The Guild.

·        A joint management committee shall be created to review, discuss and if consensus is reached, make recommendations concerning The Globe’s business plans for departments covered by The Guild contract.  The committee shall meet at least quarterly and shall be provided with relevant information, subject to a confidentiality agreement.

·        A profit sharing plan shall be created under which each employee shall receive the following percentages of salary in any year in which Globe EBITDA equals or exceeds the following:
·        1%                   $5M
·        2%                   $10M
·        3%                   $20M

·        Length of contract (2 years)

·        At Globe option use current contract language mechanism regarding Job Guarantee.

·        The pension and 401A proposals are made subject to the following: if the management pension is not frozen by September 1, 2009 then The Guild’s bargaining unit pension and 401A benefits will be restored as of that date to the levels existing as of April 29, 2009 with retroactive, make whole components, of if the management pension is frozen by September 1, 2009 date, The Guild bargaining unit will be given the same alternative retirement benefits as provided management.
* Sunsets at end of contract

 · If The Globe’s effort to reach agreement with all unions is unsuccessful, then these benefit modifications shall be null and void and all benefit levels shall be restored.

· Bonus money paid to BNG members commensurate to any/all bonus payments made to NYT management for 2009-2010.

· Severance packages/notice pay for P/T members – mirror Article VIII P/T language.

·  Ability for News/Editorial employees to earn income at other publications without current restrictions, based on loss of income/wage reductions.

· If the purpose of The Globe’s current initiative is to streamline the enterprise for sale, The Guild proposes to deal directly with potential buyers of Globe upon identification by Globe.

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