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Newspaper
Berkshire Eagle
Location
Pittsfield, Massachusetts, United States of America
Date
Feb 12, 1970
Page
7
Pittsfield General Electric raises wage and benefit packages for local workers after a new contract settlement. Highlights include enhanced pay, improved health and retirement benefits, and additional job protections for Berkshire area employees.
Highlights of the GE-IVE contract signed February 4 effective January 26 through May 26 1973 include three annual pay raises of 20 cents per hour and 68 dollars per week for salaried staff, a 45 cent per four increase 6 dollars per week for salaried on March 1 1971, a 15 cent per hour increase 6 dollars per week for salaried on May 1 1972, plus cost of living protections of 3 cents per hour annually and 1 cent per hour for each 0.3 percent CPI increase up to 8 cents with specific dates and an 8 cent cap. It also notes a skilled trades adjustment allowing employee savings plan stock sales directly to the company effective immediately.
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